By Gbenga Salau

Sage Grey Finance Limited has partnered with the Bank of Industry (BoI) to provide accessible and affordable financing options to Micro, Small, and Medium Enterprises (MSMEs).

The partnership, announced in Lagos, supports the Federal Government of Nigeria’s MSMEs Fund and is designed to foster business growth, job creation, and economic development by offering tailored financing solutions to MSMEs across Nigeria.

This landmark collaboration aligns with Sage Grey Finance’s mission to close the financing gap faced by small businesses and promote inclusive economic development across Nigeria.

Speaking on the significance of the partnership, Executive Director for Sage Grey Finance, Mr. JumoAtiba, emphasised the company’s continued focus on empowering MSMEs with the tools they need to succeed.

He said: “We are proud to partner with the Bank of Industry in this significant initiative to support the MSME sector.”

At Sage Grey Finance, we recognize the critical role MSMEs play in national economic development, and we are committed to providing financing solutions that help businesses scale sustainably. This partnership reflects our shared vision to stimulate job creation, foster entrepreneurship, and unlock economic potential at the grassroots level.”

Through this initiative, eligible MSMEs will be able to access loans of up to ₦5 million, at a competitive interest rate of 9 per cent per annum. Businesses will also benefit from complementary SME advisory services aimed at equipping them with the tools and knowledge necessary for sustainable growth and expansion.

Loan processing and disbursement are structured to be completed within five working days, ensuring swift access to much-needed capital.