Finance Growth. Build a Stronger Business.
Empower Loan provides structured financing for entrepreneurs who need working capital or productive assets to grow sustainably.
What is Empower Loan?
Empower Loan is a business financing solution designed to help qualified entrepreneurs acquire productive assets or fund working capital needs through responsible lending.
Loan Options
Choose the financing option that best fits your business needs.
Key Features
Empower Loan is built for serious business growth with responsible lending at its core.
Short Repayment Periods
Structured repayment terms designed to match your business cash flow and asset life.
Responsible Credit Assessment
We evaluate affordability to ensure you can repay without financial strain.
Business-Focused Financing
Tailored solutions for productive assets and working capital needs.
Eligibility
To qualify for Empower Loan, you must meet the following requirements.
How It Works
Getting started with Empower Loan is simple. Follow these five steps.
Become a Member
Join Nobles Cooperative with your ₦1,000 lifetime share.
Select Your Option
Choose between Empower Asset Plan or Empower Working Capital Plan.
Submit Documents
Provide BVN, NIN, business verification and financial records.
Complete Appraisal
Undergo verification and credit assessment.
Receive Approval
If eligible, your loan is approved and disbursed.
Required Documents
Prepare these documents before starting your application.
Frequently Asked Questions
Quick answers to common questions about Empower Loan.
The Empower Asset Plan finances productive assets like equipment and machinery with member equity contribution. The Empower Working Capital Plan provides financing for inventory and operating needs.
The maximum facility is ₦2,000,000, subject to appraisal and approval. The final amount depends on your business assessment, affordability, and security.
Collateral or security requirements may apply depending on the loan amount and risk assessment. Our team will guide you through the specific requirements during appraisal.
Existing loan holders in good standing may be eligible. Final approval depends on the credit assessment and your repayment capacity.
Approval typically takes 3–7 working days depending on the completeness of your documents and the complexity of the assessment.
Take Your Business to the Next Level.
Apply for Empower Loan today and invest in your business growth.