NACCIMA $150 Million Business Fund 2026: Apply for Single-Digit Business Loans in Nigeria (Full Guide)
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- Category: Loans
- Published on Friday, 07 August 2026 12:56
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Are you looking for long-term business financing to expand your company?
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has opened applications for its $150 million Offshore Expansion Financing Facility. The initiative is designed to provide affordable financing to eligible Nigerian businesses that are ready to scale operations, invest in modern equipment, increase production and compete in international markets.
Unlike many business grants, this is a business expansion financing programme offering long-term loans at single-digit interest rates for qualified companies. The facility is expected to support businesses operating in key sectors of the Nigerian economy.
In this guide, you will learn everything you need to know about the NACCIMA $150 Million Fund, including eligibility requirements, benefits, how to apply, the official application portal, opening and closing dates, and frequently asked questions.
What is the NACCIMA $150 Million Fund?
The NACCIMA $150 Million Offshore Expansion Financing Facility is a business financing programme established by the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) in partnership with ODDO BHF SE, a German commercial banking group.
The programme aims to provide Nigerian businesses with access to affordable long-term capital to support expansion, industrial growth, technology transfer and increased competitiveness.
Rather than providing short-term working capital, the facility focuses on helping businesses make significant investments that will improve productivity and create sustainable growth.
Key Highlights
- Funding pool worth $150 million
- Long-term financing
- Single-digit interest rates
- Designed for business expansion
- Supports technology acquisition
- Online application portal
- International financing partnership
- Opportunity to modernise business operations
- Supports industrial and economic growth
Businesses Eligible for the NACCIMA Financing Facility
The programme targets businesses operating in strategic sectors that contribute significantly to Nigeria's economy.
Eligible sectors include:
- Manufacturing
- Agro-processing
- Agriculture
- Transport and logistics
- Renewable energy
- ICT and Digital Economy
- Export-oriented businesses
- Industrial production
- Value-added processing businesses
According to NACCIMA, 20% of the total financing has been reserved specifically for businesses operating within the Digital Economy and ICT sector.
Who Can Apply?
To qualify, applicants are expected to meet the following requirements:
- Be a legally registered business in Nigeria
- Have at least three years of audited financial statements
- Demonstrate a strong business track record
- Show the capacity to repay long-term financing
- Be seeking funds for genuine business expansion
- Be willing to invest in modern machinery, equipment or technology
- Meet Know Your Customer (KYC) and compliance requirements
- Complete the online application process accurately
Businesses that satisfy these requirements will proceed through further financial and credit assessments before approval.
Benefits of the NACCIMA $150 Million Business Fund
Successful applicants may enjoy several advantages, including:
Access to Affordable Financing
Businesses can obtain long-term capital at single-digit interest rates, making repayment more manageable than many commercial loans.
Business Expansion
The funding can be used to:
- Increase production capacity
- Expand operations
- Improve manufacturing processes
- Enter new markets
- Boost exports
Modern Equipment
Beneficiaries can acquire modern machinery and advanced technology that improve efficiency and productivity.
International Business Growth
The programme encourages technology transfer through the acquisition of European equipment and technical services, helping Nigerian businesses strengthen their competitiveness.
Increased Employment
Business expansion often leads to:
- More jobs
- Higher productivity
- Increased revenue
- Better market competitiveness
How Much Can Businesses Receive?
NACCIMA has not announced a fixed amount for each beneficiary.
Funding will depend on factors such as:
- Business size
- Financial strength
- Expansion plans
- Project viability
- Credit assessment
- Repayment capacity
The financing is structured to meet the specific investment needs of eligible businesses rather than offering a standard loan amount.
What Can the Fund Be Used For?
Businesses may use the financing for expansion activities such as:
- Purchasing machinery
- Factory expansion
- Production upgrades
- Warehouse development
- Export growth
- Technology acquisition
- Equipment replacement
- Infrastructure improvement
- Renewable energy investments
- Supply chain expansion
It is important to note that the facility requires beneficiaries to allocate 35% to 50% of the financing towards acquiring European machinery, equipment or technical services to promote technology transfer.
How to Apply for the NACCIMA $150 Million Fund
Interested businesses should follow these steps:
Step 1
Visit the official application portal.
Application Portal: https://financing.naccima.com
Step 2
Create an account.
Step 3
Complete the online application form.
Step 4
Upload all required documents.
Step 5
Submit your Request for Expression of Interest (REOI).
Step 6
Wait for review, screening and further communication from NACCIMA.
Only shortlisted businesses will move to the next stage of financial evaluation.
Required Documents
Applicants may need to provide:
- Certificate of Incorporation (CAC)
- Audited financial statements
- Company profile
- Tax documents
- Business plan or expansion proposal
- Directors' information
- Bank details
- Valid means of identification
- Other documents requested during the application process
Application Opening Date
Applications are now open.
NACCIMA officially launched the online application portal in August 2026, following the unveiling of the financing initiative during the Nigeria Infrastructure Conference (INFRACON 2026).
Application Closing Date
At the time of writing, NACCIMA has not announced a fixed closing date. However, the organisation has indicated that the Request for Expression of Interest (REOI) portal will remain open for approximately 60 days from the commencement of applications to identify the first set of investment-ready companies. Applicants are encouraged to apply as early as possible rather than waiting until the deadline.
Selection Process
Applications are expected to undergo several stages, including:
- Online application review
- Eligibility verification
- Financial assessment
- Credit evaluation
- Due diligence
- Final approval
Only businesses that satisfy all requirements will receive financing.
Related Free Training Opportunities
If you're interested in the NACCIMA $150 Million Business Fund, You may also be interested in:
Applying for multiple opportunities can improve your chances of getting financial support for your business or education.
Tips to Improve Your Chances
To increase your likelihood of success:
- Submit accurate information.
- Upload complete documentation.
- Ensure your financial statements are current.
- Present a clear and realistic expansion plan.
- Demonstrate how the funding will improve your business.
- Apply well before the application window closes.
Frequently Asked Questions (FAQs)
Is the NACCIMA $150 Million Fund a grant?
No. It is a long-term business financing facility, not a grant. Successful applicants will receive loans under agreed terms and repayment conditions.
Can startups apply?
The programme is mainly designed for established businesses. Applicants are generally expected to be legally registered and have at least three years of audited financial statements.
Is CAC registration required?
Yes. Applicants must operate as legally registered businesses in Nigeria.
Is there an application fee?
There is no official announcement indicating that applicants are required to pay an application fee. Be cautious of anyone requesting payment to secure approval.
Can SMEs apply?
Yes. Eligible small and medium-sized enterprises operating in the target sectors may apply, provided they meet the programme's requirements.
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Conclusion
The NACCIMA $150 Million Offshore Expansion Financing Facility presents a valuable opportunity for Nigerian businesses seeking affordable capital to expand, modernise operations and improve competitiveness. With long-term financing, single-digit interest rates and support for technology acquisition, the programme could help eligible companies accelerate growth and create more jobs.
If your business meets the eligibility requirements, it is advisable to prepare the necessary documents and submit your application as early as possible to maximise your chances of progressing through the selection process.