Please refer to last week’s publication (this column) on this topic which deals with basic documentations and requirements, the starting point to prepare before applying for a loan

GETTING a loan from banks in Nigeria is not as difficult as most people think, especially those that have issues attempting to do so. The problem is largely that of huge communication gap (knowledge gap) between the lender and the borrower, than unavailability of loanable funds or unwillingness of banks to lend. Also it is not all about borrowers’ shortcomings as has been overstretched in some quarters.