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UBA says women-owned businesses will get special interest rates in new Working Capital Loan of up to N50 million

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…The Bank is named among top 10 brands in Nigeria
By Audrey Lotechukwu
FRI, 27 NOV, 2020-theGBJournal- United Bank for Africa (UBA) has introduced a new working capital loan targeted at helping businesses rebuild as the economy gradually reopens after coronavius pandemic devastation.
According to the bank, the working capital loan gives business owners access of to up to N50 million, payable over 12 months at a very discounted interest rate.
UBA said women-owned businesses will get special interest rates, while encouraging businesses to take advantage of the different funds and loans available at the bank to rebuild.
The UBA SME Asset finance loan allows businesses to get funding to purchase new assets and expand and it is available to registered SMEs in food & drink, Wholesale/Retail Trade & Key Distributors, Entertainment & Recreation, Agri-Business, Green Economy and Fintechs Exports, Professional Firms and Service Providers and Educational Institutions. The loan ranges between N4 million and a maximum amount of N50 million.
The Bank was recently named among the top 10 brands at the 2020 edition of the annual TOP 50 BRANDS NIGERIA organized by the Board and Management of #IAMBRANDNIGERIA,
Every year, TOP 50 BRANDS NIGERIA®, presents a list of 50 top corporate brands that have exceeded expectations and have clearly become market leaders in their highly competitive category and beyond.
UBA emerged based on the Brand Strength Measurement Index, which is a model that evaluates a brand’s ability to deliver on its promise to the consumers, from the consumer’s point of view.
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