Cascador and Sterling Bank Launches $200M Fund for SMEs Loans

Cascador, Sterling Bank Launch $200m SME Credit Backstop Fund

By Adedapo Adesanya Cascador and Sterling Bank have launched a $200 million Small and Medium-sized Enterprises (SME) Credit Backstop Fund aimed at expanding access to growth capital for Nigerian businesses, with a model designed to support up to $1 billion in outstanding credit capacity. The fund will provide credit-risk protection to participating finance partners, helping […]

Cascador and Sterling Bank launches $200M fund for SMEs loans

Cascador collaborates with Sterling Bank to launch a $200 million SME Credit Backstop Fund to help Nigerian small businesses get loans.

Cascador & Sterling launch $200m fund to back startup loans

Cascador and Sterling Bank have set up a $200 million fund to help Nigerian startups get bank loans by sharing the risk of borrowers defaulting.

Cascador and Sterling Bank unveil $200m fund to help Nigerian SMEs access larger loans

Cascador and Sterling Bank have launched a $200 million SME credit backstop fund designed to help Nigerian businesses access larger, longer-term loans.