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First Bank Set To Enlighten SMEs On Access To Finance


First Bank of Nigeria Limited has concluded plans to enlighten entrepreneurs on how to access finance for their businesses at its upcoming event, “SMEConnect webinar”.

The bank in a statement said the event themed ‘The ABC of accessing finance for your business” was designed to expose SMEs to various finance opportunities that they could access and utilise to foster the continued growth of their business, while optimising the sustenance of their business operations in contributing to national development.

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According to the statement, the FirstBank SMEConnect webinar is one of the ways through which FirstBank delivered its capacity building pillar of its value propositions to SMEs.

FirstBank said it had been at the forefront of impacting businesses, and had consistently won awards for providing innovative solutions for customers and other stakeholders including SMEs.

The statement said the scope of the bank’s SME services covered small/medium scale manufacturing firms, merchants (suppliers, distributors among others), professional firms (law, consulting, audit among others), agricultural, churches, mosques and NGOs, with annual debit turnover of between N5m and N500m.

The Deputy Managing Director, Mr Gbenga Shobo, said, “Among many factors, access to finance plays a critical role to the growth and sustenance of every business venture, especially the SMEs and we are delighted with the role we continue to play in connecting SMEs to finance opportunities that are essential to boosting their businesses.

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