Agriculture

Application Open for CBN CACS Loan through FirstBank Agricultural Credit Scheme – Apply Now

Affordable Data Plans for MTN, Airtel, Glo, and 9mobile at allmedia24data.com

How to Apply for CBN CACS Loan through FirstBank

Application Open for CBN CACS Loan through FirstBank Agricultural Credit Scheme - Apply Now

The Commercial Agriculture Credit Scheme (CACS) is a significant opportunity for businesses in Nigeria’s agricultural sector, offering a total fund of two hundred billion naira. To apply for this loan through FirstBank, follow these steps:

Buy Cheapest Data Price
Our Data Prices On JMData:
- MTN SME 1: N255 per 1GB
- MTN SME 2: N259 per 1GB
- Airtel CG: N278 per 1GB
- Glo CG: N230 per 1GB
- 9mobile: N125 per 1GB
Download Our Mobile APP to get started: [JMData] https://play.google.com/store/apps/details?id=com.encrypted.jmdata

PAWS IS THE NEXT $DOGS
This Mining is the next after #DOGS, Don't Miss it Out
Use this link below to Join 👇👇👇👇👇
https://t.me/PAWSOG_bot/PAWS?startapp=6ZSAPFb3

Commercial Agriculture Credit Scheme (CACS) Overview:

The CACS aims to expedite agricultural sector development in Nigeria. The loan program provides a total fund of N200 billion for eligible applicants, with a reduced interest rate of 9% and funds available from 2021 to 2025.

Features of CACS Loan:

  • Maximum obigor limit for medium and large-scale private businesses is N2 billion.
  • Private sector entities must have at least N50 million worth of farm assets, excluding farmland cost.
  • State Governments have no limit on the maximum obigor.

Benefits Attached:

  • Reduced interest rate of 9%.
  • Availability of funds from 2021 to 2025.

Trending: Federal Government N50,000 Grant Disbursement to Commence Soon as Application Closes – View Shortlisted Candidates Now!

Those Qualified to Apply:

  • Medium and large-scale commercial farms.
  • Limited liability companies in agricultural production, processing, marketing, storage, and business development.
  • State Governments.

Requirements for CACS Loan Application:

  • Formal application for the loan.
  • Article of Association and a Memorandum.
  • Certificate of Incorporation.
  • Business Plan.
  • Board Resolution to Borrow from the scheme.

How to Apply for FirstBank/CBN Commercial Agriculture Credit Scheme (CACS):

  1. Contact the Agric Finance Desk via Email: [email protected].
  2. Fill the online form directly on the official portal: FirstBank Contact Us.

Five Documents You Need to Access the Commercial Agriculture Credit Scheme (CACS) with FirstBank:

  1. Formal application for a credit facility.
  2. Certificate of Incorporation.
  3. Memorandum and Article of Association.
  4. Board Resolution to Borrow.
  5. Feasibility Study/Business Plan.

What Next After You Collate All These Documents?

Visit any FirstBank branch nationwide or email [email protected].

Apply Now: FirstBank CACS Application

READ ALSO: NPower & RHJCP Payment Stipend Backlog Update – 19th December 2023

PAWS IS THE NEXT DOGS DON'T MISS IT OUT

JOIN NOW

https://t.me/grandcombat_bot/start?startapp=lYRFU96I5w



Google News Channel

Follow us on Google News for Latest Headlines


Join Our WhatsApp, Facebook, or Telegram Group For More News, Click This Link Below;

WhatsApp Channel

https://whatsapp.com/channel/0029VaELqhlHVvTXjDnUf80h


WhatsApp Group

https://chat.whatsapp.com/G6Lo3ss6WKLCOqBphZwQGk


Facebook Page

https://facebook.com/allmedia24news


Our Twitter Page

https://www.twitter.com/allmedia24news
Telegram Group

https://t.me/allmedia24

Threads App Official Page

https://www.threads.net/@allmedia24news


Discover more from Allmedia24 News

Subscribe to get the latest posts sent to your email.

Allmedia24 Whatsapp Group

RECEIVE NEWS FROM EMAIL

One Comment

  1. I’m jamil suraj from kaduna state ikara local government I need all true information about all news updates thanks

Leave a Comment

Your email address will not be published. Required fields are marked *

*