Cascador and Sterling Bank Announce $200 Million SME Credit Backstop Fund
Cascador and Sterling Bank have announced a $200 million SME Credit Backstop Fund, an independent platform designed to expand access to growth capital for debt-ready Nigerian SMEs. The fund will provide a defined credit-risk backstop to participating finance partners, with the model supporting up to $1 billion in outstanding credit capacity.
Source: Cascador (link opens in a new window)
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