Fast Business Loans for Retailers in Nigeria
Need funds to restock your shop or grow your business?
The Shop Owners Scheme (SOS) by MoneyTrust Microfinance Bank is a tailored retail business loan designed to provide quick working capital for retailers, traders, and FMCG shop owners. Whether you sell fast-moving consumer goods (FMCG) or run a general retail store, this facility is structured to support your business growth.
✅ Key Benefits of the Shop Owners Scheme
- Access up to ₦2,000,000 in business funding
- Competitive interest rate of 5% monthly
- Flexible repayment of up to 6 months
- No hidden fees or excessive paperwork
- Ideal for FMCG stock financing, general wares, and retail supplies
📌 Who Can Apply?
This loan is available to:
- Shop owners, traders, and small-scale retailers
- Business owners operating for at least one year
- Individuals who have operated from their current location for at least 6 months
- Entrepreneurs with consistent cash flow or verifiable income
📝 Loan Application Requirements
To qualify, you’ll need:
- 6-month business account statement or proof of regular cash flow
- Valid means of identification (National ID, Passport, Driver’s License, etc.)
- Post-dated cheques to cover the loan period
- Proof of inventory (especially FMCG)
- Stock hypothecation agreement (your inventory acts as partial collateral)
- Verifiable source of repayment (sales record, POS statements, etc.)
- Guarantor(s) may be required depending on risk profile
💼 Loan Details
- Loan Amount: Up to ₦2,000,000
- Interest Rate: 5% flat per month
- Repayment Tenor: Up to 6 months
- Collateral: Movable/fixed assets or stock hypothecation
🚀 Empower Your Business Today with the Shop Owners Loan
Apply now and enjoy fast disbursement, flexible terms, and a personalized loan experience that works for your business.
