CREA Start-up Biz Loan
Do you have a project within our enlisted sectors and are short of funds to get the project started? CREA-Start-up Biz loan serves as an ideal solution to such a need.
Get an unsecured/secured loan of between FCFA 250,000 and FCFA 2,500,000 repayable within a period of between 12 – 36 months simply based on your business idea and motivation to succeed.
- Disbursed within 30 days from receipt of all requested documentation
- Flexible interest rate (1.8-2.5)
- Possibility of repayment during holidays
- Loan granted based 80/20% on your business idea
- Guarantor required but for loans above FCFA 500,000
- Client’s initial contribution at 15% of total amount solicited
Eligibility
- Must have opened a CREA Start-up Biz Account and Submitted an Executive Summary of your Business Concept clearly stating the capital expenditure and required working capital.
- Your Concept must have been assessed and validated by our Strategic Small Business Start-up and Business Growth Partner.
- You must have duly registered the business as a sole proprietorship or private limited company prior to submitting a loan request.
- Submit a loan request in a CREA INVEST branch office closer to you
- Must be enrolled in the CREA O-collect collection scheme.
Enlisted sectors
- Commerce and sales
- Communication (Call shops, Call Box etc.)
- Buyam-Sellam
- Grocery Shops
- Farming and Agriculture
- Distributions (All businesses except perishable goods)
- Retailing And wholesaling
- Cosmetics
- Documentation and Bookshops
- Restaurants and food transformation services
Want to know more about our CREA Start-up Biz Account or interested in our business loans and overdrafts? Click here to request a call back from a dedicated Business Relationship Manager or login to your online platform to request a Start-up Biz Loan.