Nigeria

The LSETF Loan Programme offers affordable funding for small and medium-sized businesses to grow, expand, and create jobs — at just 9% interest per annum, open to business owners who are registered residents of Lagos State.

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Whether you're a micro-enterprise owner looking to stabilise operations or an SME ready to expand, there is a loan tier designed for your stage — with no collateral required and a straightforward application process accessible entirely online.

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👉 **Apply:** Click "Go to Opportunity" to begin your application at the LSETF Loans Portal.

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### What You'll Gain

* Access to uncollateralized business loans from ₦50,000 up to ₦5,000,000
* Competitive interest rates at 9% per annum (5% for select LGA schemes)
* Flexible repayment tenors of 12 to 24 months depending on loan category
* No collateral requirement — equity contribution of only 5% of loan size
* Access to LSETF's broader business support ecosystem including Lagos Innovates and Job Hubs
* Improved financial credibility and business formalisation support

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### Who Should Apply

* Entrepreneurs, sole traders, and SME owners resident and operating in Lagos State
* Businesses in operation for at least 1 year (start-up loan available for newer ventures)
* Individuals with a LASSRA ID, Tax ID (LIRS), BVN, and valid government-issued ID
* SME applicants must have valid CAC registration and 6 months of corporate bank statements
* Micro loan applicants require 6 months of personal bank statements and 2 passport photographs
* Start-up loan applicants must hold a vocational training certificate from a Lagos State–recognised body

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**⚠️ Important Application Information**

* Applications submitted entirely online at **lsetf.ng/content/msme-loan-programme** — no physical submission required
* LASSRA ID is a mandatory requirement across all tiers — register at lassra.lagosstate.gov.ng if you don't have one yet
* All businesses must be operating and registered in Lagos State
* SME applicants must be CAC-registered and operational for at least 1 year
* For enquiries: call **02017000945** | Mon – Fri, 8:00am – 5:00pm
* Rolling programme; apply as early as possible

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**Deadline:** All Year-Round

English

Cash Flow Analysis

Entrepreneurial Finance

Financial Planning

Access up to ₦5M in uncollateralized business loans at 9% p.a. through the LSETF Loan Programme for Lagos Entrepreneurs

MSME Loans Programme for Young Entrepreneurs — LSETF