THE PROBLEMS OF OBTAINING BANK LOANS BY SMALL-SCALE INDUSTRY FROM NIGERIA BANK

THE PROBLEMS OF OBTAINING BANK LOANS BY SMALL-SCALE INDUSTRY FROM NIGERIA BANK

 

 

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Chapter one
1.0 introduction
1.1 the meaning of banking loan
1.2 short term loan
i. short term loan
ii. overdraft
1.3 medium term loan
i. medium term loan
ii. long term loan
1.4 project financing
1.5 References
Chapter two
2.1 practice of good banking lending
2.2 principle of good bank lending
2.3 Reference
Chapter three
3.0 Research methodology
3.1 introduction
3.2 The source of data
3.3 Location of data
3.4 Methods of data presentation
3.5 Presentation
Chapter four
4.1 Role of banks in economic development
4.2 Role of bank in economic prospects.
4.3 Reference
Chapter five
1.1 Recommendation and conclusion
Bibliography
PROPOSAL
This research aim tracing the problem that small scale industries do encounter which obtaining credit from banks in Nigeria and the causes these problems.
The researcher tried to view those problem emanating from the borrowers method of application vis-a-vis the central bank credit guidelines and the commercial bank principles and practice of lending.
The researcher also analyzed this issue from the points of view of the borrower and attempt to make this thesis more understandable by first of all reviewing the different aspects to bank loans, different principle and practice of lending obtainable in different banks and finally through light on the economic effect of low bank lending
The author intend to source and analyses secondary data from where from where she drew finding, recommendation and conclusion
CHAPTER ONE
1.1 Introduction
The author very conscious of the fact that responsibility for food lending rise with the banks and government and in the writing of this problem obtaining a banking loan by small scale industries from Nigeria banks which is intended to y-ray the difficulties encountered by bank customer in obtaining loan. I hope that have been able to alert the banks and government of this ugly situations which hampers general economic.
The content has been segmented into chapter and each chapter treating district aspect of bank loan all of then culmination to emphasis the importance of bank lending and why three should not be any obstruction to obtaining it.
The book starts by first of all explaining the different types of bank lending and the types of banks involved so as to point out the different credit guide-time affecting each banks as regards its capacity to lend and to what extent. It is also worth while to mention that the general element of good lending are also incorporated at least to justify the banks and the government in some of their restrictive measures of lending.
Severed more banking services have been added to the chapters to elucidate the negative economic effect or low bank lending cum services.
There is also included the appropriate recommendation and conclusion necessary to direct the lending sector towards the correct way of obtaining bank loans.
The meaning of bank loan
In this place we have to known the definition of bank loan. It may be defied as a financial facility/granted by a bank which is specific purpose. Usually a loan has a definite fixed repayment programme and a defined due ration, which has a complete repayment of a loan and other charges associated with if which include the loan contract is automatically determined.
This chapter will also deal with the different type of bank credit which the short there for working capital requirement the medium and long term loans
The project financing the acceptance credits/bills discounting. The bank guarantees and endorsement first I start with the first type

Short term and overdraft
This is a process of “short term loan” of a credit facility with a comparatively short duration ranging from (one – five years) although it varies with the different financial houses
This type of bank loan an inherent advantages which the borrowers enjoys. They are.
2. The lender is committed to allowing the customer to make use of the money for a length period of time depending on the loan. Agreement
3. Cheap rate are often obtainable from finance house other than banks. But with the bank it may be 57% but in finance house they charge less
4. These loans are often quickly obtainable and sometimes unsecured. This means that i

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