ANAMBRA STATE SMALL BUSINESS AGENCY INCENTIVES
STAMP DUTY WAIVER
LEGAL REFERENCE INSTRUMENT: Executive approval
SECTOR: All sectors
An SME in the state; subject to obtaining Loan from ASBA.
Anambra state Government (ANSG) granted a waiver of 2% stamp duties otherwise payable for the registration of deed of legal mortgage for ASBA/CBN SME loan beneficiaries to reduce cost of financing.
Throughout the duration of SME loan schemes.
MINIMALLY-PRICED LOANS MUCH BELOW CBN
LEGAL REFERENCE INSTRUMENT: ANS NO. 8- Anambra state small business Agency law, 2015
SECTOR: All sectors
AWARDING & IMPLEMENTING AGENCY: Anambra state small business Agency (ASBA)
An MSME in the state; subject to obtaining Loan from ASBA.
The state Government policy on minimal interest lending rate to MSMEs across key sectors in the state.
Throughout the duration of SME loan schemes.
STAMP DUTY WAIVER
LEGAL REFERENCE INSTRUMENT
Executive approval
SECTOR
All sectors
DESCRIPTION OF BENEFITS
Anambra state Government (ANSG) granted a waiver of 2% stamp duties otherwise payable for the registration of deed of legal mortgage for ASBA/CBN SME loan beneficiaries to reduce cost of financing.
CRITERIA FOR ELIGIBILITY
An SME in the state; subject to obtaining Loan from ASBA.
AWARDING & IMPLEMENTING AGENCY
Anambra state small business Agency (ASBA)
DURATION
Throughout the duration of SME loan schemes.
MINIMALLY-PRICED LOANS MUCH BELOW CBN
LEGAL REFERENCE INSTRUMENT
ANS NO. 8- Anambra state small business Agency law, 2015
SECTOR
All sectors
DESCRIPTION OF BENEFITS
The state Government policy on minimal interest lending rate to MSMEs across key sectors in the state.
CRITERIA FOR ELIGIBILITY
An MSME in the state; subject to obtaining Loan from ASBA.
AWARDING & IMPLEMENTING AGENCY
Anambra state small business Agency (ASBA)
DURATION
Throughout the duration of SME loan schemes.