Business Loans

SMEDAN ₦1,500,000 Loan is on going: Start Loan Application Process Here

Finally, SMEDAN ₦1,500,000 Fund is ongoing: Start the Application Process Here

What Does SMEDAN Mean?

The Federal Government established SMEDAN – Small and Medium Enterprises Development Agency – to encourage the growth of small and large businesses in order to grow the Nigerian economy. This initiative is derived from the SMEDAN Act of 2003.

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SMEDAN Loan Requirements

  • A registered business name
  • Your Business Registration Number ( RC or BN)
  • State in which the business operates
  • Type of Business
  • Age of Business(Number of years of operation)
  • Phone Number and your government name
  • SMEDAN Unique Identification Number

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SMEDAN Unique Identification Number and how to get it

To access a loan, you must register your business today with SMEDAN and get access to government and private sector benefits.

STEP ONE:

Visit smedan registration portal at smedanregister.ng/register

STEP TWO:

The below information will be required to continue the registration. Ensure you provided SMEDAN with the accurate information.

  • Business Name
  • Phone number
  • Business premises you operate from
  • Business Type
  • Product or Service
  • Are you registered with CAC?
  • Business by assets value
  • Number of staff
  • Business Owner Information
  • Office address

STEP THREE:

Provide and fill in the above-required information and click on submit. After successful registration, SMEDAN will send an an email to you containing your SMEDAN Unique Identification Number (SUIN)

How to Retrieve your lost SMEDAN Unique Identification Number (SUIN)

STEP ONE:

Login to the email you used in your SMEDAN registration process

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STEP TWO:

Search with the word SMEDAN. and you should see a confirmation email from SMEDAN

STEP THREE:

Kindly open the email, and it should contain your SMEDAN Unique Identification Number (SUIN). Ensure to save your SUIN carefully in other not to lose it again.

We urge you to register your business and join the thousands of Nigerians already enjoying loans and funding benefits.

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