Opening a business account is entirely different from a personal business account based on the documentation process and requirements. To successfully obtain a business or corporate account in Nigeria, you need to register Your business with the CAC. This demonstrates credibility on your path as a long-standing business. Like most traditional banks, the process is […]
5 Marketing Tips To Increase Your Business Revenue
Building brand awareness for your business isn’t an easy task. Even if your product is in high demand all year round, customers need to know where and how they can find and patronize your services. While large corporations and businesses have the budget, resources, and manpower to handle cost-intensive marketing efforts, many growing businesses often […]
Top 5 Business Banks For Small Businesses in Nigeria: A 2024 Guide
Business owners often scavenge for the ideal business account to meet their business needs. It’s pertinent you open a business account that aligns with your financial goals and helps you manage your finances with tailored features. In this short guide, we cover 5 online business banks for small and medium-sized businesses in Nigeria. Before introducing […]
Explore A New Way To Business Banking
With a staunch and rigid financial process, conventional banks inadvertently overlook the needs and goals of growing businesses in Nigeria. SMEs are grossly underfunded with adequate insights, data, and resources on how to manage funds and invest their business profits safely and strategically. Most growing businesses close their sheds due to the large disparity in […]
Importance of Registering Your Business Name in Nigeria
It’s an accomplishment to rid out years of planning and actualizing your dream of owning a business. Business owners are problem solvers and they contribute immensely to the economy of the nation. Whilst many businesses run for years without appropriate documentation, they reach a blockade when they discover they share a common name with another […]
Navigating Challenges as a Team: Tips From Our Founders
You really find out how good your team is when you go through challenges. It’s easy when you’ve just raised or crushed a big milestone, and the ship is steady. Everyone’s an “A player” but what about when challenges and tough times arise? It’s important to remind our teams that challenges are a part of […]
5 Mistakes To Avoid With Fixed Investment Account
Fixed Investment account provide an avenue for business owners to utilize their business savings and maximize their profit generation. To reap high returns on investment, business owners need to avoid critical factors that could potentially lower their chances for long-term rewards. Here are five mistakes to avoid with Fixed Investment account: Maximizing profits is an […]
Essential Tips to Know Before Securing a Business Loan
The idea of taking a loan is alluring for many business owners. They’re fast to approach loan lenders and financial institutions but lack the viable criteria and knowledge about business loans and how it works in Nigeria. Due to the volatility in economic landscapes, loan lenders take utmost rigid standards. Sometimes, business owners plunge themselves […]
Factors That Affect Loan Eligibility for Businesses
Trying to secure a loan multiple times is challenging and time consuming for many business owners. Capital funding is evolving and as such, loan lenders uphold stringent measures to evaluate your eligibility before issuing you loans. Many businesses fall into the ineligibility waterfall when applying for loans. In this short guide, we’ll discuss factors you […]
How to Secure N1,000,000 in Loans with Prospa
Do you need a business loan of up to N1,000,000? Keep reading on how to secure N1,000,000 in loans with your Prospa account. Loans are a financial tool for businesses to obtain the necessary capital to fast track their business operations. At Prospa, you can easily secure a loan of up to N1,000,000 without the […]