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Nairametrics
Home Companies Corporate Press Releases

SMEs can now access Access Bank loans from home 

Ruth Okwumbu-Imafidon by Ruth Okwumbu-Imafidon
June 24, 2020
in Corporate Press Releases
SMEs can now access Access Bank loans from home 
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Access Bank Plc has launched Cashflow Loans by Access, a digital lending portal which allows business owners to access loans to grow and expand their business from the comfort of their homes, while staying safe.  

Cashflow Loans by Access provides an online platform accessible to Small and Medium Enterprise so that they can apply, process and receive their loans from home.  

The launch of this platform, according to Victor Etuokwu, the Executive Director, Retail Banking, Access Bank Plc, is aimed at ensuring that businesses access loans to sustain continuity, even in the face of the pandemic-induced restrictions on movement.  

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READ ALSO: Bank loans not main funding option for Nigerian MSMEs -PwC

Speaking at the launch of the digital lending portal, Etuokwu stated that Access More means that businesses can receive more services and benefits from the bank.  

“We have risen to the challenge to ensure business owners have easy access to funds to sustain and expand their businesses while keeping safe. We are committed to not only providing uninterrupted service but superior service to meet the needs of all our customer segments,” he said. 

Etuokwu stated further that the newly launched digital lending platform “will make loan application more convenient with flexible collateral, favourable interest rates, application tracking, robust customer service and much more.” 

He added that Access bank considers it its responsibility to contribute to the stimulation and boosting of economic growth.  

“With the launch of Cashflow Loans by Access, we are renewing our commitment to providing the much needed financial support to SMEs,” Victor concluded. 

READ MORE: “There will be no downsizing”, Access Bank assures its employees in spite of the pandemic

This development is only the latest of the bank’s efforts to support and encourage its customers to adhere to the Nigeria Centre for Disease Control (NCDC) recommendations 

With over 40 million customers and 600 branches nationwide, Access Bank has continued to roll out customer friendly services and products to encourage the growth of businesses in the country.  


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Tags: Access Bank Plc NewsCashflow Loans by AccessNCDCNigeria Centre for Disease ControlVictor Etuokwu
Ruth Okwumbu-Imafidon

Ruth Okwumbu-Imafidon

Ruth Okwumbu has a MSc. and BSc. in Mass Communication from the University of Nigeria, Nsukka, and Delta state university respectively. Prior to her role as analyst at Nairametrics, she had a progressive six year writing career. As a Business Analyst with Narametrics, she focuses on profiles of top business executives, founders, startups and the drama surrounding their successes and challenges. You may contact her via ruth.okwumbu@nairametrics.ng

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Comments 15

  1. Nwafor oluchi p says:
    June 24, 2020 at 10:57 am

    Yes,I have been using access bank day per loan,which is profitable to me and all my friends I introduce to the platform.
    But since after covid 19,my application for found was rejected .why

    Reply
    • Abioye, Victoria Olufunke says:
      June 25, 2020 at 10:16 am

      Kindly contact nearest access bank.

      Reply
    • Abubakar Surajo says:
      July 5, 2020 at 8:27 am

      Because there’s injustice.

      Reply
  2. Awuah faustina says:
    June 24, 2020 at 2:42 pm

    l need a loan for my shop

    Reply
  3. David Ezinne says:
    June 25, 2020 at 7:55 am

    I also need a loan pls,how do I go about it?

    Reply
  4. Paul Ezeugo says:
    June 25, 2020 at 11:03 pm

    Please how we apply ? Am interested.

    Reply
  5. Nwankwo Onyeka B says:
    June 26, 2020 at 5:58 am

    I need a loan for my business, how am i going to get it and what’s involved?

    Reply
  6. Alagbe Folashade says:
    July 1, 2020 at 8:43 am

    I need a loan,how can I get it

    Reply
  7. Orji Chikwendu says:
    July 3, 2020 at 5:55 pm

    I have my personal savings account as well as my business account with Access bank plc. I am in dire need of FUND to revive my business after the negative impact of COVID-19.
    pls, I need to be guided on how to access SMEs loan from this bank.

    Reply
  8. Ozoalor Isaac says:
    October 13, 2020 at 10:19 pm

    I need a loan

    Reply
  9. Jennifer rufus says:
    March 24, 2021 at 10:53 am

    Pls I need a loan for my business how to go about it

    Reply
  10. Stephens says:
    May 18, 2021 at 7:50 pm

    How do I get this loan ? Am interested

    Reply
  11. uche says:
    June 11, 2021 at 11:31 pm

    i need a loan

    Reply
    • Gaddafi yusuf says:
      December 18, 2023 at 12:58 am

      Moning sr
      I have a business

      Reply
  12. Gloria says:
    July 19, 2021 at 10:16 pm

    How can I assess it

    Reply

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