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Zenith Bank SME Loan Scheme

Zenith Bank Plc · Bank / Financial Institution
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NigeriaManufacturingTradeAgricultureServicesReal Estate

About this opportunity

Zenith Bank's SME Loan Scheme offers short-term and medium-term credit facilities to small and medium enterprises to finance working capital needs, asset acquisition, and business expansion. The product is structured to accommodate a wide range of sectors including trade, manufacturing, and services. Businesses benefit from structured repayment plans and access to Zenith Bank's robust digital banking infrastructure.

Eligibility & requirements

Eligibility details are available on paid plans.

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Documents you will need

  • CAC registration certificate and Form C02/C07 (or BN forms for sole proprietors)
  • Valid ID for proprietors and directors
  • BVN for all signatories
  • 12 months bank statement
  • Financial statements (audited or management accounts)
  • Business plan with financial projections
  • Collateral documents (Certificate of Occupancy, vehicle papers, etc.)
  • Tax Clearance Certificate

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How to apply, step by step

  1. Visit any Zenith Bank branch and request an SME loan application package.
  2. Complete the credit application form with accurate business information.
  3. Prepare and submit all required supporting documents to the SME desk.
  4. A relationship manager will conduct a site visit or business assessment.
  5. Credit department reviews the application and prepares a credit memo.
  6. Receive a loan offer letter upon approval.
  7. Execute loan documentation and await disbursement.
Save and track it and we will email you 14 days, 7 days, 3 days, 24 hours and on the morning of the deadline.

How applications are selected

What reviewers look for

  • Zenith Bank places strong emphasis on collateral coverage and credit bureau reports. Applications with clean CRMS records are almost always prioritised. Demonstrate a minimum average monthly turnover of at least 30–40% of the requested loan amount over 12 months. Businesses in high-risk or informal sectors should expect more scrutiny. Having a long-standing Zenith Bank relationship account significantly reduces processing time. Ensure all directors' BVNs are clean before applying.

Guide written from the official programme page. Funders change their rules, so confirm the details on the official page before you apply.

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