ANYWORKX BUSINESS ENHANCEMENT LOAN (ABEL)

Access Equipment Acquisition Loan of up to Five Million Naira (₦5,000,000)

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FEATURES

What is ABEL?

AnyworkX Business Enhancement Loan (ABEL) is a loan facility for Service Providers on AnyworkX to upscale and upgrade their business through the acquisition of new tools or equipment needed to render improved services to their customers.

approved
approved

Loan Amount

With ABEL, you can get up to 200% of the service transactions you have done via Anyworkx Vendor App in one quarter (three months). For example, N100k revenue through AnyworkX in 3 months gets you N200k, while N500k gets you N1million. Get access of up to NGN5 million loan for the purchase of your business tools/equipment.

Business Growth

ABEL enhances productivity and efficiency of service providers on AnyworkX, by helping vendors on AnyworkX get top-notch tools/equipment and grow their business.

approved
approved

Loan Repayment

The repayment of the loan shall be made convenient for the AnyworkX vendor in equal instalments spread over a maximum period of 24 months.

Purpose of the loan

ABEL is designed to make service providers to get needed tools and equipment to effectively render quality service to their customers. ABEL can only be used for the purchase of tools/equipment/assets that are directly related to the service business of the AnyworkX vendor as listed on the app.

approved

ELIGIBILITY + Requirement

ABEL is only available to service providers using Anyworkx app for their business transactions.

approved
approved

Must have been registered and verified on AnyworkX app for a minimum of 4 months prior to the application for loan.

Must have been accepting job bookings on Anyworkx for at least 3 months prior to the loan application.

approved
approved

Must have completed at least 4 tiers of verification on the app at least 3 months prior to the application for loan.

Must have received an average four-star service rating from customers during the period under review.

approved
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