Zenith Bank SME Grow My Biz Loans

About this opportunity

Term loans up to ₦10m for registered micro, small and medium businesses in Nigeria, disbursed through Zenith Bank's tiered SME account. You must be CAC-registered and use Zenith's digital channels.

Who can apply

• Registered business (CAC registration as a company or business name)
• Micro, small or medium enterprise by Zenith's definition
• Business holding an SME Grow My Biz account with Zenith Bank
• Business using Zenith's digital payment and collection channels
• Business with a minimum operating balance (where Zenith specifies this requirement)

Not eligible

• Unregistered or informal businesses
• Sole traders without CAC registration

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Documents you will need

• CAC registration certificate or business name registration
• Form A1 and other relevant CAC documents
• Valid means of identification for principals
• Bank statements showing transaction history and operating balance
• Business plan or brief description of intended use of funds
• Proof of tax compliance where applicable
• Audited accounts or financial statements (if available)

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How to apply, step by step

1. Open or ensure you hold an SME Grow My Biz account with Zenith Bank; your tier (Basic, Premium or Ultra) is set by your annual turnover
2. Confirm you are using Zenith's digital payment and collection channels for your business
3. Gather your CAC registration documents, identification, recent bank statements and business financial information
4. Visit your nearest Zenith Bank branch or use Zenith's digital banking portal to request an SME loan under the Grow My Biz scheme
5. Submit your documents and complete the loan application form with details of the amount and purpose
6. Wait for Zenith's assessment and approval decision

How applications are selected

What reviewers look for

• Maintain consistent transaction activity on your Zenith account; dormant accounts signal risk
• Keep your operating balance at or above the minimum Zenith requires for your tier
• Use Zenith's digital payment channels actively (not just the loan application)
• Have clear records of your business registration and tax status
• Provide recent financial statements that show your business is actively trading

Frequently asked questions

Guide written from the official programme page on 15 October 2026. Funders change their rules, so confirm the details on the official page before you apply.

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