LiquidCrest Microfinance Bank has expanded its Small and Medium Enterprises (SMEs) and Micro Business loan programme, reinforcing its commitment to driving financial inclusion and supporting the growth of small and medium-sized enterprises across Nigeria.
The initiative targets traders, entrepreneurs, and business owners who have historically lacked access to affordable, structured financing.
The programme offers credit facilities ranging from N100,000 to N10 million structured with low interest rates, flexible repayment tenor of six to twelve months, and no hidden charges.
Designed with the realities of Nigerian business ownership in mind, the product requires minimal or no collateral for smaller loan amounts and is supported by an expert financial advisory service to help borrowers manage credit responsibly.
“Small businesses are the backbone of this economy, and they deserve a financial partner that understands their cycle, their challenges, and their potential,” said Ayobami Alabi, acting Managing Director, LiquidCrest Microfinance Bank. “This programme is built around how Nigerian traders and entrepreneurs actually operate, not how a textbook says they should.”
Nigeria’s MSME sector accounts for a significant share of national economic activity, yet access to formal credit remains one of the most persistent barriers to business growth. LiquidCrest’s programme directly addresses this gap, providing structured, accessible financing to a segment of the economy that conventional banks have largely failed to serve.
The bank’s three-decade history of community-rooted lending, dating back to its founding as Owotutu Microfinance Bank, has informed both the design and delivery of various products targeted at this segment of the market. That institutional experience, combined with the bank’s current technology infrastructure, positions LiquidCrest to process loan applications and disburse funds within 24 hours of successful verification.
“Our focus has always been on the underserved. The trader at the market, the small manufacturer, the woman building a business from the ground up. These are the people this programme is designed for,” said Eyitayo Raufu, head of sales, LiquidCrest Microfinance Bank. “Access to capital should not be a privilege. We are working to make it a realistic option for every Nigerian business owner who qualifies.”
LiquidCrest’s broader product portfolio, which includes savings plans, investment products, Microcredit, SME, Asset Finance, and public-sector loans, reflects its ambition to be a full-service financial partner across the different stages of a customer’s economic life.