GroFin is a small business financier that provides affordable loans and business support to small and growing businesses (SGBs) in Africa and the Middle East. GroFin is committed to helping SGBs succeed, and its loans are designed to be flexible and affordable.
How To Get Funds for Small and Growing Business at GroFin
If you are interested in getting funding for your small or growing business from GroFin then here’s a step by step guide to get started:
Visit the GroFin website and learn more about their loan programs: GroFin offers a variety of loan programs to meet the needs of different SGBs. You can learn more about these programs on the GroFin website.
Complete a loan application: Once you have chosen a loan program, you can complete a loan application on the GroFin website. The application will ask you for information about your business, your financial history, and your loan request.
Submit your loan application and supporting documentation: Once you have completed your loan application, you will need to submit it to GroFin along with supporting documentation, such as your business plan, financial statements, and tax returns.
Undergo a business assessment: GroFin will conduct a business assessment to evaluate your business and determine your creditworthiness.
Receive a loan offer: If your loan application is approved, GroFin will make you a loan offer. You will need to review the offer and accept it in order to receive funding.
Related Post: Top 10 Online Lending Platforms for Small Business Loans in Nigeria
Frequently Asked Questions – FAQs
To be eligible for a GroFin loan, your business must be located in one of the countries their offices are located click here to all eligibility criteria
Loans are tailored specifically for small businesses
This depends on your loan amount and can increase up to 15%
Once your loan application is approved there will be an immediate disbursement
It is between US$100k and US$1.5m for a loan duration of 3-8 years
Conclusion
GroFin is a great option for small and growing businesses that need access to affordable financing. GroFin offers a variety of loan programs to meet the needs of different businesses, and its loans are designed to be flexible and affordable. If you are interested in getting a GroFin loan, visit their website to learn more and apply.
Investors: Shell Foundation, KfW, Dutch Good Growth Fund, Norfund, GroFin, Anthos.
Locations: Nigeria – Lagos, Ghana, Zambia, Egypt, South Africa, Kenya, Tanzania, Rwanda, Uganda
| GroFin Nigeria, Lagos | |
| General manager | Tunde Lawal |
| General manager e-Mail address | info.nigeria@grofin.com |
| Generic e-Mail address | info.nigeria@grofin.com |
| Telephone number | +234 705 696 6666; +234 909 000 1346 |
| Fax number | – |
| Physical address | Reals Plaza (Ground Floor) Plot 1 Dosumu Street, Off Hakeem Balogun Street, CBD, Agidingbin, Ikeja, Lagos |
| Postal address | PO Box 51597 Falomo, Ikoyi, Lagos |
| GroFin Nigeria, Port Harcourt | |
| General manager | Friday Essienenkak |
| General manager e-Mail address | info.portharcourt@grofin.com |
| Generic e-Mail address | info.portharcourt@grofin.com |
| Telephone number | +234 705 295 1455 / +234 806 554 9089 |
| Fax number | N/A |
| Physical address | 77 Stadium Road, Port Harcourt, Rivers State |
| Postal address | 77 Stadium Road, Port Harcourt, Rivers State |
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