Sage Grey Finance Limited has partnered with the Bank of Industry (BoI) to provide accessible and affordable financing options to Micro, Small, and Medium Enterprises (MSMEs). This partnership supports the Federal Government of Nigeria’s MSMEs Fund and is designed to foster business growth, job creation, and economic development by offering tailored financing solutions to MSMEs across Nigeria.
“We are proud to partner with the Bank of Industry in this significant initiative to support the MSME sector,” said Mr Jumo Atiba, Executive Director for Sage Grey Finance. “At Sage Grey Finance, we recognise the critical role MSMEs play in national economic development, and we are committed to providing financing solutions that help businesses scale sustainably. This partnership reflects our shared vision to stimulate job creation, foster entrepreneurship, and unlock economic potential at the grassroots level.
The partnership will provide eligible MSMEs with loans of up to ₦5 million at a competitive interest rate of 9% per annum. Businesses will also benefit from complementary SME advisory services aimed at equipping them with the tools and knowledge necessary for sustainable growth and expansion. Loan processing and disbursement are structured to be completed within five working days, ensuring swift access to much-needed capital.
This landmark collaboration aligns with Sage Grey Finance’s mission to close the financing gap faced by small businesses and promote inclusive economic development across Nigeria. By working together, Sage Grey Finance and BoI aim to empower MSMEs, drive economic growth, and create jobs
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