Who Can Apply for Zenith Bank SME Sub-KD/Sub-Dealer?
This scheme is exclusively available to Sub-KDs of the listed Key Distributors in major FMCG sectors, including Food, Bakery & Confectionery, Beauty, Style & Fashion, and Health & Fitness. Applicants must demonstrate a minimum average six-month turnover of at least N50m to qualify.
Eligible businesses should already be in a recognized relationship with key distributors, ensuring that the scheme targets robust and expanding enterprises in the competitive market.
Required Documents:
✔️Completed Application Form
✔️Company Profile and Registration Documents
✔️Financial Statements/Bank Statements for the last six months
✔️Proof of average turnover (minimum N50m)
✔️Documentation evidencing Sub-KD relationship with Key Distributors
A Tip for You about Zenith Bank SME Sub-KD/Sub-Dealer
Before applying, organize all financial records and ensure your company profile reflects your business’s strengths. Being prepared will streamline the application process and demonstrate your credibility to Zenith Bank.
Review your cash flow and sales projections carefully to assess how the infusion of working capital will drive growth. Consider consulting with a financial advisor to tailor your funding strategy effectively.
Maintaining clear communication with your relationship manager at Zenith Bank can also provide additional insights into optimizing your application for success.
Loan Rates and Terms
The Zenith Bank SME Sub-KD/Sub-Dealer Finance Scheme offers an attractive interest rate of 19% per annum with a loan tenor ranging from 12 to 24 months.
Repayment is designed to be flexible, aligning with your sales and collections cash flow, and comes with a 1% flat management fee.
These favorable terms are structured to support business expansion while keeping repayment manageable and directly tied to your business performance.
Unlock Your Business Potential Now!
Visit the official Zenith Bank website today to explore the SME Sub-KD/Sub-Dealer Finance Scheme and apply in person at your nearest branch. Don’t miss out on this exclusive opportunity to fuel your business growth and secure the working capital you need for success.
