Rosabon Empowers SMEs

Rosabon Financial Services, a financial services provider, has launched Rosabon Emerging Enterprise Fund (REEF) to empower the small and medium scale enterprises (SMEs) in Nigeria.

REEF aims to empower SMEs by providing them the opportunity to gather adequate business knowledge which can be used to boost their revenue and profitability in the long run.

Rosabon seeks to provide free access to quarterly SME seminars, networking opportunities as well as access to business loans for these SMEs.

Launched recently as one of Rosabon’s development programmes for SMEs, the product helps SMEs expand and remain profitable while ensuring that they have adequate funds set aside for other long or short term financial goals.

Asides this, REEF allows business owners to make investments against which they earn highly competitive returns whilst being able to access a certain percentage in business loan of their invested sum.

Simply put, rather than plough all their profits back into the business, SME owners can use the high returns on their investment for working capital needs and business expansion.

REEF also provides other benefits such as competitive interest on investment, Free publicity of SMEs business on Rosabon website and other platforms etc.

Through REEF, SMEs can earn interest on investment and collect same upfront to fund working capital needs.

Speaking on the solution, Marketing Communications Manager, Rosabon Financial Services, Mrs. Kehinde Ruth Onasoga, said: “It does not take a finance degree to know that the desire of every business owner is to continuously expand and mark profitability. “