1. Creative Sector Loan

The creative sector loan is a Central Bank of Nigeria initiative aimed at capacity building and employment creation for individuals and businesses currently into any of the following:

  • Fashion
  • Information Technology
  • Movie Production
  • Movie Distribution
  • Music
  • Software Engineering Student Loan


  • Low cost-single digit funding for your business
  • Flexible structure and repayment plans
  • Opportunity to achieve your long term business goals
  • Excellent financial advisory

Eligibility Requirement

The eligibility requirements to access the loan are

  • Business Plan
  • Economic benefits
  • 3 Years Financial Projections
  • 3 years audited accounts for existing companies
  • Statement of Affairs for start-ups and companies with less than 3 years of existence
  • Copies of duly executed offer documents between the bank and loan applicants
  • Certificate of Incorporation. R.C
  • Brief on Directors
  • BVN
  • Tax Identification Number (TIN)
  • Previous /Current Management Position
  • Shareholding
  • At least 2 Credit Reports for the company and each Director
  • Proposed schedule of fund disbursement
  • Proposed schedule of fund repayment
  • CBN Intervention(s) which the project is Currently Benefiting from
  • Outstanding Amount(s) in respect of 12 above
  • Minimum Equity Contribution-30% of total project cost
  • Provide evidence of any of the following:
       – Legal mortgage
       – All asset debenture
       – Personal Guarantee

How it works

  • Prepare your business plan or statement on how much you want for your business.
  • Go to any Access bank branch with the above mentioned document or apply online through our Creative sector loan portal
  • Our Relationship officers will contact you for further discussion and process your loan request.
  • The maximum interest rate of 9% per annum (all charges inclusive) is applicable on all loans.
  • The repayment period is a maximum of:
    a) 3 years for Software Engineering Student Loans
    b) 10 years for Movie Production & Distribution, Fashion, Information Technology and Music