Getting business loans from banks Wema Bank (5)

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By Emeka Anaeto, Business Editor

We have come to the second section of this discussion on Wema Bank’s SME-focused credit facility. As a catch up on what was discussed in the first section which came in four parts, the key information was that the bank has special offers or services for small businesses.

The offer, starts from opening of a special account called myBusinessAccount, categorized into three, viz, Bronze, Silver and Gold, with each carrying different requirements. We also discussed in our last week’s publication, the rewards attached to this special account.

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In this section starting today with the part 5 of this chain discussion on Wema Bank SME credit facility, we focus on specific credit packages and what is required to get it.

First, the bank says the purpose of its SME Loan packages is to boost the…



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