Nigeria 
Ghana
Sierra Leone 
Gambia 
United Kingdom
SME Grow My Business
SME Grow My Business (SME-GMB) is the bank’s unique proposition to nano, micro, small and medium businesses. The proposition encompasses financial and non-financial benefits that support growth for all business types.
SME Grow My Business (SME-GMB) is a low-cost current account which business owners can leverage to access essential business services at minimal or no cost. These are tailored propositions that enhance business efficiency, drive productivity, and increase profitability.
Eligibility:
- For business names, limited liability companies, sole-proprietorship, partnerships
- Complete application form
- Valid Company registration documents
- BVN, NIN and official ID of all signatories
Account Features:
- Zero opening balance
- No minimum operating balance
- Monthly fee of N2,000 (subject to N40m turnover)
- 50k/mil account monthly fee (if turnover exceeds N40m)
- Access to a domiciliary account
- Unlimited number of withdrawals
- Access to several loan options (terms and conditions apply)
Other benefits that support your business efficiency and improve productivity:
- Customized Debit cards in Naira and USD for single signatory accounts, to track the business expenses.
- MasterCard SME Card
- VISA SME Card
- Participation in our monthly expert-led Zenith Bank SME Learning Series
- Business protection at discounted premium
- Swift and free enrolment on Google Business Profile to expand customer reach
- Partnership connections with key corporate bodies and SME hubs
- Access to free digital tools and services
- Access to business workshops, seminars, and networking events
Visit any of our branches to open your SME-GMB Account or
Loan Products
SME Grow My Biz (GMB) offers a wide assortment of loan types to cater for every business contingency. So bring on the big ideas and let us make a difference.
Z-WOMAN LOAN
Z-Woman
Z-Woman is our loan product for female owned businesses for all sectors primarily geared toward growing our SME sub-sector and diversifying our customer base.
Eligibility
Female owned businesses with shareholding of 50% or any majority shareholding provided it's owned by a woman.
Purpose
Business Expansion (Working Capital Requirements, Purchase of Raw Materials, Raw Materials & Infrastructure upgrade)
Sectors
All
Rate: 14.5% p.a
Maximum Loan Amount: N10M
Loan tenor: 12 to 24 months
Repayment
Monthly or quarterly repayments in line customer’s cash flow from sales/collections into account with Zenith Bank
Management Fee: 1% flat
Security
Acceptance of the BVN covenant, Personal guarantee of customer, Insurance, Positive Credit Checks, and Company Profile
How to Apply
To apply for Z-Woman Business Package, simply visit the nearest Zenith Bank branch.
Enquiries
For more enquiries, kindly send an email to zenithretail@zenithbank.com or zenithdirect@zenithbank.com
SME LOAN
Our SME Loan is structured to provide access to funds for business expansion needs with flexible repayment plans and competitive interest rates for specific business sectors. This loan type has been specially designed to promote expansion in the Beauty/fashion, Confectionery and Fitfam/healthy living sectors.
EligibilityMSMEs duly registered in Nigeria.
PurposeBusiness Expansion (Working Capital Requirements, Purchase of Raw Materials, Raw Materials & Infrastructure upgrade)
SectorsBeauty, Fashion & Style; Food, Bakery & Confectionery; Health, Fitness & Wellness.
Rate: 28% p.a
Maximum Loan Amount: N2M
Loan tenor: 12 to 24 months
RepaymentFlexible repayments in line customer’s cash flow from sales/collections into account with Zenith Bank
Management Fee: 1% flat
SecurityAcceptance of the BVN covenant, Personal guarantee of customer, Insurance, Positive Credit Checks and Company Profile
How to ApplyTo apply for the Zenith SME loan, simply visit the nearest Zenith Bank branch and speak to any of our relationship managers.
EnquiriesFor more enquiries, kindly send an email to zenithretail@zenithbank.com or zenithdirect@zenithbank.com
SUB DISTRIBUTOR FINANCE
Our Sub Distributor Finance Scheme is structured to provide businesses access finance to purchase inventory from Key Distributors (KDs) of major fast-moving consumer good (FMCGs) companies.
Eligibility:
Businesses that are sub-distributors or downlines of pre-approved Key Distributors to select FMCGs and corporates
Purpose:
Access funds to purchase inventory from the main distributor to the FMCG
Sectors: General
Loan Type: Overdraft / Term
Rate: 21% p.a.
Loan Amount: N500,000= to N 5,000,000=
Tenor: 12 to 24 months
Repayment
Flexible/ tenured repayments in line with business cash flow from sales and collections into your Zenith Bank account
Management Fee: 1% flat
Security
Acceptance of the BVN covenant, Personal guarantee of customer, Insurance, Positive Credit Checks and Company Profile, Recommendation Letter from the Key Distributor
How to Apply
Contact your account relationship manager or visit your nearest Zenith Bank branch.
Enquiries
For more enquiries, kindly send an email to sme@zenithbank.com
Google My Business
With Google My Business, you get more than a business listing. Your free business profile lets you easily connect with customers across Google Search and Maps.
Insure Your Business
Insurance is a form of risk management used to hedge against the risk of uncertain loss and provide a guarantee of compensation and peace of mind for the specified loss in return for a specified premium. It also helps you pay for damage to your property or pay others on your behalf when you damage their property.
Recommended Products:
- Motor Insurance
- Group Personal Accident
- Combined Fire & Burglary
- Plant All Risk
Engage your Account Relationship Manager for guidance.
Business Tools
The Mortgage calculator helps you to estimate your monthly mortgage payment and see how changes to the term of your mortgage could impact on your repayments.
