Nigerian SME Equipment Finance Facility – Manufacturing & Agri-Processing

Requirement

A specialized equipment financing facility seeks $6.5 million in senior debt to provide asset-backed lending to Nigerian SMEs in manufacturing and agri-processing sectors. The facility finances machinery, processing equipment, and vehicles with the assets serving as primary collateral. Target borrowers are established SMEs with 3+ years operating history, existing revenue, and equipment needs between $50,000 and $500,000. Sectors include food processing, packaging, light manufacturing, agricultural equipment, and logistics vehicles. Facility terms range from 24-48 months with monthly repayment structures. We seek institutional lenders, development finance institutions, and impact investors. The facility is structured as senior secured debt with 18-month average duration, equipment security, and additional guarantees from owners. Historical portfolio performance shows 2.3% default rate with 85% recovery on defaults. Nigeria's SME financing gap exceeds $160 billion with equipment finance particularly underserved by traditional banks. Asset-backed lending de-risks exposure while enabling productive investment. The facility operator has 8 years experience in Nigerian equipment finance with $45 million deployed. Target returns of 12-14% USD-equivalent with quarterly distributions. Facility vehicle is a Mauritius-domiciled SPV with Nigerian subsidiary. Minimum participation is $500,000 with quarterly liquidity windows after 12-month lock-up.