Sme
7 articles tagged “Sme”
Non-Interest SME Finance in Nigeria (2026): The Complete Honest Guide
Four banks and four microfinance institutions offer halal business finance in Nigeria, and exactly one publishes full pricing. Every real SME option mapped, with the numbers that exist.
Murabaha Working Capital in Nigeria: How Halal Stock Finance Actually Works
The workhorse of halal business finance is a bank buying your stock and selling it back at a markup. How agency Murabaha works, who offers it, and the discipline that keeps it honest.
Equipment Finance Through Ijarah: How Nigerian Businesses Lease Halal
Generators, machines and vehicles are what SME finance actually buys. How Ijarah leasing works, the published 30% benchmark, the 48-month alternative, and the arithmetic that decides.
AltBiz Review (2026): Nigeria's Most Transparent Halal SME Finance
Every material number of AltBank's SME facility is on the public page: 15.5% flat, 3% insurance, 20% Hamish, N5m cap. The full effective-cost math, and where the honesty gets expensive.
Jaiz MSME Finance Review (2026): Agency Murabaha Plus Intervention Money
Jaiz lets you source stock from your own suppliers as the bank's agent, and channels BOI, DBN and SMEDAN funds through halal contracts. The entry rules and the silence on pricing, reviewed.
Lotus SME Finance Review (2026): Trade Cycles, Zero Fees, Dark Pricing
Lotus's SME shelf matches Murabaha to 90-day stock turns, leases equipment to 48 months and charges no fees at all. The market trader product and the negotiated markups, reviewed.
Halal Business Banking in Nigeria (2026): Accounts, Collections and Financing for SMEs
Zero-fee operating accounts, free POS terminals, published SME financing rates at exactly one bank, and Cluster accounts for cooperatives: what Nigeria's non-interest banks actually offer a business.