Around July/August 2019 Fidelity Bank, launched a program through one it’s SME funding arm. The program was tagged “Fidelity SME Connect Funding”
The Program was launched with an objective of scaling SMEs and in the process create more jobs to drastically reduce the impact and effect of unemployment affecting over 6o million young adults.
Fidelity bank decided to use its bank to encourage Nigerians to continue believing in the Nigerian dream, thereby connecting its brightest SMEs and entrepreneurs to funding and the best business exposure and development opportunities.
Even more than that, Fidelity is offering other plans and packages to people and small businesses in the society to tap wealth from.
There are facility that small businesses could enjoy from fidelity such as ;
Fidelity Small Business Account (FSBA): is a tailor-made account to help grow business to attain its right potentials. With FSBA, businesses get the support required to take it to the next level. You may get more information on this product on the official website.
Fidelity Pharmacy Support Facility (FPSF): is a product that supports eligible Pharmacists to meet working capital needs by helping them purchase stock. Get more information on requirements and how to apply on the official website.
Commercial Support Short Term Loan (CSST): is a 90 days loan product for businesses with stable cash flows, short cash conversion circles and for the most part do not have tangible collaterals to secure loan facilities provided to them. Criteria to access the CSST Loan, an MSME will be required to meet the criteria stated on the official website.
It is clear that Fidelity Bank is not only planning on enriching the Nigerian people through its platform but also interested in the sincere advancement of the country’s mobility development. For instance, in the Fidelity SMEs connect program there were three start-ups from the quarter-final to the Final that focused on Mobility. They are presented below;
Quarter-Final – QuickMovers
QuickMove.com.ng is a relocation/ moving company in Lagos Nigeria for home, office moving/relocation services, Truck rental with property movers and packers.
Semi-Final – DriversNG
DriversNG | No. 1 platform to hire professional drivers.
Final – Packmyload
packmyload.com offers is one of the best packing and moving companies in Lagos, Nigeria. We offer international and interstate packing and moving to Lagos.