Sterling Bank Partners With LASG, BOI to Launch Collateral-Free Loans for Small Businesses - Innovation Village | Technology, Product Reviews, Business
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Sterling Bank Partners With LASG, BOI to Launch Collateral-Free Loans for Small Businesses - Innovation Village | Technology, Product Reviews, Business
In a powerful move to support Nigeria’s small business ecosystem, Sterling Bank has partnered with the Lagos State Government (LASG) and the Bank of Industry (BOI) to roll out collateral-free loans for small businesses. This new initiative aims to provide thousands of entrepreneurs across Lagos with access to credit—without the traditional barriers that often prevent them from scaling up their businesses. The inability to offer collateral has lo…
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