Skip to main content

81% of VC firms don’t have a single black investor — BLCK VC plans on changing that

Venture capital has a diversity problem . BLCK VC , a new organization founded by Storm Ventures associate Frederik Groce and NEA associate Sydney Sykes to connect, engage and advance black venture capitalists, is ready for a new era in the industry. Their mission: Turn 200 black investors into 400 black investors by 2024. “We think of ourselves as an organization formed by black VCs for blacks VCs to increase the representation of black investors,” Sykes told TechCrunch. “You can look around and say well ‘I know five black VCs,’ but you can also say this firm does not have a single black VC, they may not even have a single underrepresented minority … We want to make firms reckon with the fact that there is a racial diversity problem; there is a lack of black VCs and every firm should really care about it.” BLCK VC has been at work since the beginning of 2018, building and expanding a network of black investors in the San Francisco area, Los Angeles and New York. They seek to provide a...

Companies That Grant Loans Without Collateral In Nigeria

A major challenge in starting a business is capital, and it will be a lot easier if one can get access to loans to finance any business start up.

Your interest might not be in starting a business, you may be looking to get access to loans to meet pressing financial needs. Irrespective of the nature of the loan In Nigeria, there are institutions that grant loans to small and medium scale enterprise, with zero to little interest rate.

We have compiled a list of credible companies that you can approach for a business loan to fund your business.


  1. Diamond bank




You will be required to open an account with any branch of diamond bank in the country. Diamond bank avails it customer the opportunity to access loans for small and medium enterprise.


  1. Zenith Bank




One of the leading banks in Nigeria, Zenith Bank provides its customers with the opportunity to access loans to boost their business. You must operate an account with the bank in order to access loans.


  1. Apex microfinance bank




The Apex microfinance bank was created to meet the needs of individuals who need access to loans to grow their business with a low interest rate.


  1. United bank for Africa




UBA is one of the leading provider of business loans for small and medium enterprise. In order to access UBA loans you must operate an account with any branch within the country.


  1. Union homes savings and loans.




Union homes savings and loans, a subsidiary of union bank of Africa is one of the leading mortgage finance institutions in Nigeria. Union homes aims to provide mortgage financial services, builds houses/estates, finance estate developers, supports investors in housing scheme.


  1. First bank of nigeria limited




If you need access to loans including automobile loan, personal home loan, loan against salary and equipment loan, you can access it by opening an account with First Bank of Nigeria.


  1. Nigeria export-import bank (nexim)




If your business is in the import-export of commodities. You can access loans from the Nigeria Export-Import Bank to facilitate your export business. Their loan facilities include direct lending facility, export credit insurance facility, export credit guarantee facility among others.


  1. African development bank




The African Development Bank grants business loans to small and medium enterprise, looking to access loans mainly for the growth and expansion of their business. The ADB recently approved $580,000 for the development of Small and Medium Enterprise in Nigeria.


  1. The bank of industry




The BOI is the countries oldest, largest, and most successful development financial institution.

The BOI was established and mandated to provide financial assistance to the establishment of large, medium and small enterprises as well as the expansion, diversification and modernization of existing enterprise.


  1. Lapo Microfinance Bank




Lapo Microfinance Bank, provides loans to individuals irrespective of their occupation or social status, their rates are competitive and loan requirements are flexible.


  1. Aso savings and loans plc




Aso Savings and Loans plc is a primary mortgage institutions created to be the countries mortgage bank of choice in terms of client service, housing provision, and real estate partnership.

They operate a residential line of credit, to meet temporary expense commitment with the use of a line of credit secured by a residential collateral.

Other financial institutions that grant loans



  1. Any commercial bank in Nigeria.

  2. Cooperative societies

  3. Any microfinace bank in Nigeria

  4. CRC credit bureau

  5. Resort savings and loans

  6. Accord savings and loans

  7. Adims credit and investment limited

  8. Centage savings and loans

  9. City-Code savings and loans

  10. Eurobank savings and loans


 

Comments

Popular posts from this blog

LIST OF APPROVED COURSES OFFERED IN EASTERN PALM UNIVERSITY (EPU)

Listed below is the Approved NUC Courses Offered in Eastern Palm University (EPU) Ogboko Imo State.   The Eastern Palm University (EPU) is a University established by law (Imo State of Nigeria Law No. 13 of 2016). It was licensed by the NUC (National Universities Commission) in 2016. The university aims to be a world class university anchored on excellence and research needs of all relevant persons, irrespective of gender, nationality, religion or political conviction. The University is structured as a Public/Private Partnership (PPP) model of university.     Admission Requirements The Eastern Palm University (EPU) requires the following for admission into its programmes/courses Applicant must have five credit passes in relevant subjects, at not more two sittings, which must include English language and Mathematics at Ordinary Level (SSCE or NECO) or equivalent qualification from a country that requires other types of end of secondary school exit examinations or standardized ...

LIST OF APPROVED COURSES OFFERED IN FEDERAL UNIVERSITY BIRNIN KEBBI (FUBK)

We have gathered the Full lists of Approved Courses Offered in Federal University Birnin Kebbi   The Federal University Birnin-Kebbi (FUBK) was established on 18th February, 2013 alongside those of Gusau and Gashua by the Federal Republic of Nigeria under the leadership of Goodluck Ebele Jonathan, GCFR, in line with policy of the Government for establishing a Federal University in states that did not have one across the federation.     Read also: LIST OF ACCREDITED COURSES OFFERED IN UNIVERSITY OF JOS (UNIJOS) Professor Lawal Suleiman Bilbis, FNSMB, a Professor of Biochemistry and former Deputy Vice Chancellor Academic at Usmanu Danfodiyo University, Sokoto was appointed as the pioneer Vice Chancellor of the University while Ibrahim Abubakar Mungadi, FCAI, was appointed as the Registrar. Academic activities began in November, 2014 for the 2014/2015 academic session with a students’ population of 507 and academic staff strength of 102. Accordingly, maiden and second matriculati...

LIST OF APPROVED COURSES OFFERED IN OSUN STATE POLYTECHNIC IREE

We have gathered the list of Approved Courses Offered in Osun State Polytechnic Iree The management of the institution has released an update on the lists of Approved Courses offered in Osun State University Iree.            Osun State Polytechnic, Iree also known as OSPOLY is a tertiary learning institution in Iree, Osun State, Nigeria. The Polytechnic was formerly a satellite campus of The Polytechnic, Ibadan. It became autonomous on 12 October 1992 when the Governor of Osun State, Alhaji, Isiaka Adeleke, signed the law establishing the institution alongside The Osun State College of Technology located at Esa-Oke in Osun State. Osun State Polytechnic Iree also has Daily Part Time Program (DPT) which is located at Koko campus. Dont Miss: LIST OF APPROVED COURSES OFFERED IN LAGOS STATE POLYTECHNIC (LASPOTECH)   Admission Requirements All Candidate seeking admission in Osun State Polytechnic must posses the below listed requirements Candidate must meet Osun state Polytechnic...