The purpose of the project is to know to the extent small businesses in Nigeria has been able to obtain loans and advances from Nigeria commercial bank as a major sources finances to the economy. The term “small scale business” are those small businesses that fall within the category of business with not more than five hundred thousand naira (N500, 000) as their annual turnover.
The findings of this study will help to make recommendation and suggestions for improvement of the present situations. Also with the findings of the study, the bank will become conscious of the peculiar problems facing importance to the economic recovery and self reliance.
1.1 Introduction
In this section, Banks' Financing Small Scale Business Unit is discussed, with relevant and recent citations. As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the aim and objectives of the study. Others are significance of the study, scope of work, research hypothesis and questions, limitation of the study and definition of terms.