Sway Agricultural Business Finance Programme – SWAY-AG aims at providing financing of up to N20 million for interested individuals in the Agriculture industry with a 9% markup only from now till 2023.
This is focused on Agricultural businesses involved in crop and livestock production, processing, sales and distribution, equipment purchase, packaging, storage, or distribution.
Also Apply: Agricultural Development Banks Funds for Agribusiness Application
Members of Farmer’s cooperative societies, SME’s or businesses involved in small-scale farming are eligible for financing.
Also Apply: Graduates, Undergraduates & Female Founders $35,000 Seed Grant Programme
Requirements / Sway Agricultural Business Finance Programme
- Open account with STERLING ALTERNATIVE FINANCE (Passport photo, N1500 cash deposit, customer enrolment form)
- A request for the Facility.
- Provision of equity contribution.
- Economics of Production (EOP) per each crop/livestock.
- Confirmed invoice in case of asset purchase (livestock, feed, input, etc)
- Certificate of registration of cooperative where applicable.
- Copy of executed MOU
- Letter of non- indebtedness to other banks (where applicable)
Funding Categories
. Retail Individual
. Small & Medium Enterprise
. Corporate
