Introduction

Running a small business in Nigeria is no easy feat, especially when quick cash is needed to handle daily expenses. That’s why the Petty Cash Now-Now Loan from NIRSAL Microfinance Bank (NMFB) is a game-changer for petty traders, kiosk owners, and artisans looking for immediate financial support.

In this guide, you’ll learn exactly how to apply for the loan and give your business the working capital it needs — fast.

What is the Petty Cash Now-Now Loan?

The Cash Now-Now Loan is a quick loan product from NMFB designed to empower micro-entrepreneurs with working capital support. Whether you run a roadside kiosk, market stall, or small artisan shop, this loan can help you manage your operations and grow.

Key Features of the NMFB Petty Cash Loan

Eligible Applicants: Petty traders, artisans, kiosk owners

Loan Amount: Up to ₦300,000

Repayment Period: Up to 365 days

Collateral: No collateral required

Disbursement Time: Fast processing upon approval

Step-by-Step Guide to Apply for the Petty Cash Now-Now Loan

Step 1: Visit the Official NMFB Website

Go to www.nmfb.com.ng and navigate to the Petty Cash Now-Now Loan section.

Step 2: Register and Fill the Application Form

Fill in your:

Full Name

Contact Information

Residential Address

BVN (Bank Verification Number)

Upload financial information (e.g. payslip, if applicable)

Choose the nearest NMFB branch to you for processing

Step 3: NMFB Reviews Your Application

Your details will be reviewed based on NMFB’s Risk Acceptance Criteria. If everything checks out, your application will be approved.

Step 4: Disbursement of Funds

Once approved and you accept the loan terms, your money (up to ₦300,000) will be deposited directly into your NMFB account.

Step 5: Loan Monitoring & Repayment

Loan monitoring is carried out by NMFB to ensure it’s used as agreed.

Repayment starts 30 days after the loan is credited to your account.

Contact NMFB for Assistance

If you have questions or run into any issues, you can contact NMFB through:

Email: info@nmfb.com.ng

Phone Numbers:
+2349010026900
+2349010026905
+2349010026907
+2347044538853
+2347181536141

Why This Loan is Ideal for Petty Traders

This loan is tailored for Nigerians in the informal sector who often struggle to get traditional bank financing. With minimal documentation and no collateral, the Petty Cash Now-Now Loan gives you access to fast capital so you can restock goods, handle repairs, or expand.

Conclusion

The NMFB Petty Cash Now-Now Loan is a smart move for petty traders and small business owners looking to grow without stress. If you’re eligible, don’t wait — apply today and move your hustle forward.

Watch The Video Below to Get Step-by-step Guide on how to apply.