In the course of advising budding entrepreneurs, one hears one recurring request: ‘‘Help me get a loan to start my business.” Truth be told. This request almost always falls on deaf ears. You will have great difficulty in get a […]
The Central Bank of Nigeria (CBN), in its circular of July 10, 2019, requires banks to maintain a minimum Loan-to-Deposit Ratio (LDR) of 60 percent by the end of September 2019. The directive also requires that, effective from the next day, banks’ daily […]
Equipment financing is any method a business uses to fund the acquisition of equipment needed for running the business. This can range from equipment leasing, through loans tied to specified equipment, to lease-back where the business leverages an existing equipment […]
