Your growing enterprise deserves the right amplification
As an SME, growth is never a journey you should take alone. With the right financial solutions, industry expertise and strategic partnerships, Stanbic IBTC Business and Commercial Banking gives your enterprise the support it needs to move further, grow stronger and seize every opportunity with confidence.
What to expect from us
Affordable transactional accounts
Manage daily transactions efficiently with cost-effective accounts like Biz Smart and Blue Blossom
Non-collateralised loans
Access quick non-collateralised loans to meet your business needs without unnecessary delays
Secure internet banking
Transact from anywhere on mobile or laptop via our secure Enterprise Online platform (EOL) and SME Mobile app
Capacity building
Attend our physical and online trainings to gain knowledge from our experts and gain access to new markets via our curated events
Solutions to amplify your growth
Non-collateralised loans
Fuel your business growth with our SME Loan solutions. Our tailored lending facilities offer quick access to working capital without collateral, flexible repayment plans, and fast turnaround times. Choose from SME Lite, which provides funding of up to ₦50 million with a tenor of up to 12 months. Alternatively, SME EZ Cash is our digital loan solution for SMEs, offering up to ₦10 million with a tenor of up to 12 months. You do not need to have a Stanbic IBTC Bank account to qualify for a loan. We can assess your application using your current bank statement and other required documentation. Beyond our lending solutions, we can also connect eligible businesses to funding programmes offered through our development finance partners, including the Bank of Industry (BOI) and the Development Bank of Nigeria (DBN). Connections to these programmes can only be facilitated when funds are available, and eligibility requirements are met.
Biz Smart & Biz Smart Plus
Smart business accounts that help you save on banking costs while enjoying digital banking convenience and dedicated business support. Enjoy zero Current Account Maintenance (CAM) fees when you maintain the required minimum daily balance, plus access to a free debit card, free business POS, email alerts, and online banking. Conditions apply: For Biz Smart, maintain a minimum daily balance of ₦5,000 and keep monthly withdrawals below ₦50 million to enjoy zero CAM fees. For Biz Smart Plus, maintain a minimum daily balance of ₦50,000 and keep monthly withdrawals below ₦250 million to enjoy zero CAM fees.
Blue Blossom
A business account designed to support women-owned businesses with easier access to finance, lower banking costs, and opportunities to grow. Enjoy zero Current Account Maintenance (CAM) fees, access to competitive loan facilities, business clinic sessions, and exclusive pricing concessions on selected loans. Conditions apply. The account is available to women aged 18 and above. The business must have at least 50% female ownership or shareholding, and a minimum opening balance of ₦20,000 is required.
Enterprise Online & SME Mobile App
Take your business banking wherever work takes you. Access your accounts, make payments, approve transactions, and manage your business finances securely through Enterprise Online and the SME Mobile App, giving you the flexibility to bank from your desktop or mobile device. With Enterprise Online, you can make single and bulk payments securely, pay bills including airtime, data, electricity, TV, and entertainment, generate instant account statements in Excel and PDF formats, and manage sole or multiple signatory profiles. You also benefit from self-service password reset and secure transaction authorisation. Once onboarded on Enterprise Online, you can access the SME Mobile App using the same credentials, enabling you to manage your business finances and transact conveniently on the go.
Why Stanbic IBTC?
Why Stanbic IBTC?
Your business needs more than a bank account. It needs a financial partner with the solutions, expertise, and ecosystem to help you grow further and faster.
Stanbic IBTC brings together banking, lending, pensions, asset management, stockbroking, trusteeship, and insurance solutions within one integrated financial ecosystem. This gives your business access to the tools it needs to manage operations, support employees, build wealth, raise capital, manage risk, and prepare for future opportunities, all through one trusted partner.
From everyday banking and digital payment solutions to business financing, employee pension administration, investment opportunities, and business advisory support, we provide the capabilities that help businesses scale with confidence. Our end-to-end financial ecosystem is designed to remove barriers, unlock opportunities, and help you focus on what matters most: growing your business.
You are a growing enterprise, and we are built to amplify your growth.
Frequently asked questions about SME loans
How much funding can I access through your SME loans?
Our SME loan solutions provide funding of up to ₦50 million through SME Lite and up to ₦10 million through SME EZ Cash, subject to eligibility criteria and credit assessment.
What is the interest rate on the loan?
SME Lite and SME EZ Cash attract an interest rate of 36% per annum.
Is there any special pricing for women-owned businesses?
Yes. Women-owned businesses with a Blue Blossom account can enjoy a 5% interest rate concession on SME Lite loans.
Is there a management fee?
Yes. Both SME Lite and SME EZ Cash attract a 1% management fee.
Do I need collateral to qualify?
Our SME loan solutions provide access to working capital without collateral, subject to meeting the required eligibility criteria.
Do I need to have a Stanbic IBTC Bank account before applying?
No. You do not need to have a Stanbic IBTC Bank account to qualify for a loan.
What documents do I need to apply?
We will require your current bank statement and other supporting documents needed for the credit assessment process.
How long can I repay the loan?
Both SME Lite and SME EZ Cash offer a repayment tenor of up to 12 months.
How quickly can I access the funds?
Our SME loan solutions are designed to offer a fast turnaround time, helping you access the working capital your business needs quickly.
Are there financing options beyond Stanbic IBTC loans?
Yes. When funding programmes are available, we can connect eligible businesses to intervention funds and development finance schemes offered through partners such as the Bank of Industry (BOI) and the Development Bank of Nigeria (DBN). Access is subject to fund availability, programme requirements, and eligibility criteria.
What can I use the loan for?
The loan can help finance working capital needs, support business expansion, purchase inventory, manage cash flow, and fund other business growth opportunities.
Who is eligible for an SME loan?
The loan is available to eligible SMEs that meet our credit assessment requirements. Applications are assessed based on business performance and supporting documentation.
Can I apply for a loan if I bank with another financial institution?
Yes. You can apply even if you do not currently bank with Stanbic IBTC. We will require your current bank statement and other relevant documents as part of the assessment process.
Which SME loan option is right for my business?
SME Lite is suitable for businesses seeking higher funding amounts of up to ₦50 million, while SME EZ Cash offers a convenient digital application process with funding of up to ₦10 million. Our relationship managers can help you determine the most suitable option for your business needs.
Amplify your business growth
Ready to start your business growth journey with us?