NEXIT: No, It Is Not Possible For 2 Beneficiaries To Use The Same Business Account For The NEXIT Loan

Some exited Npower Batches A and B beneficiaries have been asking the question "if it is possible for 2 Npower beneficiaries to use the same business account to apply for the NEXIT loan, the answer to this question is a big, NO, it is not possible for two Npower beneficiaries to use the same business account to apply for the NEXIT loan.

Please exited Npower Batches A and B volunteers should take note and be extremely careful to avoid any unnecessary complications to your loan application, your loan application should be completed individually as a sole proprietorship business, the NEXIT loan is not for partnership business.

The NEXIT training is for exited Npower Batches A and B volunteers who wants to become entrepreneurs, either you want to start a business or you have an existing sole proprietorship business and you want to expand it, the Npower NEXIT training is not for big conglomerates nor for business partnership it is strictly for sole proprietorship business set up.

Conversely, if you are applying for the loan while using the business plan template, in the column for account details under business name, please use your personal savings account, even if you run a partnership business or any other form of business.