Cascador, Sterling Bank Launch $200m SME Credit Backstop Fund
Cascador and Sterling Bank have launched a $200 million Small and Medium-sized Enterprises (SME) Credit Backstop Fund aimed at expanding access to growth capital for Nigerian businesses, with a model designed to support up to $1 billion in outstanding credit capacity. The fund will provide credit-risk protection to participating finance partners, helping them extend larger, […] The post Cascador, Sterling Bank Launch $200m SME Credit Backstop Fund appeared first on Naijaonpoint.com.ng .
Cascador and Sterling Bank have launched a $200 million Small and Medium-sized Enterprises (SME) Credit Backstop Fund aimed at expanding access to growth capital for Nigerian businesses, with a model designed to support up to $1 billion in outstanding credit capacity. The fund will provide credit-risk protection to participating finance partners, helping them extend larger, […]
The post Cascador, Sterling Bank Launch $200m SME Credit Backstop Fund appeared first on Naijaonpoint.com.ng.
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- October 15, 2026
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