Access Bank Creative Sector Loan

Access Bank Creative Sector Loan

Creative Sector Loan

The creative sector loan is a Central Bank of Nigeria initiative aimed at capacity building and employment creation for individuals and businesses currently into any of the following:

  • Fashion
  • Information Technology
  • Movie Production
  • Farming
  • Music
  • Software Engineering Student Loan


  • Low cost-single digit funding for your business
  • Flexible structure and repayment plans
  • Opportunity to achieve your long term business goals
  • Excellent financial advisory service

How it works

  • Prepare your business plan or statement on how much you want for your business.
  • Go to any Access bank branch with the above mentioned document or apply online through our Creative sector loan portal
  • Our Relationship officers will contact you for further discussion and process your loan request.
  • The maximum interest rate of 9% per annum (all charges inclusive) is applicable on all loans.
  • The repayment period is a maximum of:
    a) 3 years for Software Engineering Student Loans
    b) 10 years for Movie Production & Distribution, Fashion, Information Technology and Music

Eligibility Requirement

The eligibility requirements to access the loan are

  • Business Plan
  • Economic benefits
  • 3 Years Financial Projections
  • 3 years audited accounts for existing companies
  • Statement of Affairs for start-ups and companies with less than 3 years of existence
  • Copies of duly executed offer documents between the bank and loan applicants
  • Certificate of Incorporation. R.C
  • Brief on Directors
  • BVN
  • Tax Identification Number (TIN)
  • Previous /Current Management Position
  • Shareholding
  • At least 2 Credit Reports for the company and each Director
  • Proposed schedule of fund disbursement
  • Proposed schedule of fund repayment
  • CBN Intervention(s) which the project is Currently Benefiting from
  • Outstanding Amount(s) in respect of 12 above
  • Minimum Equity Contribution-30% of total project cost
  • Provide evidence of any of the following:
    – Legal mortgage
    – All asset debenture
    – Personal Guarantee

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About Sunshine 1682 Articles
My name is okafor kenechukwu Victor, Am from anambra state, My aim of being here is to keep you updated on trending music and Entertainment. Always check on us We also run ads both banners ads

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