FUEL YOUR VISION, FUND YOUR FUTURE.
Andray Finance ® Creative Industry Loan
Tailored financing for filmmakers, musicians, fashion designers, content creators, and digital artists.
Designed to support entrepreneurs operating within the creative sector. Under this initiative, entrepreneurs in fashion, music, movie production, and information technology can access long-term, low-interest loans of up to ₦50 million, with an interest rate of 15% over a period ranging from three to 24 months.
Eligible applicants may access loans between ₦3 million and ₦50 million, while movie distribution businesses can obtain loans of up to ₦500 million. In addition, the facility covers training, equipment, and rental or service fees for entrepreneurs in the fashion and ICT sectors.
The Creative Industry Financing Initiative
15% (PLR)
1% Management Fee
1% Credit Assurance
7.5% VAT on the Management Fee
- Details
Creativity Shouldn’t Wait for Capital
The Creative’s Dilemma (Understanding the Pain Point)
In the creative industry, timing is everything. Whether it’s securing a studio for a hit single, purchasing fabric for a runway collection, or funding post-production for a feature film, delays in funding can mean missed opportunities. Traditional banks often don’t understand the cyclical nature of creative revenue or the value of intellectual property.
At Andray Finance Limited, we specialize in bridging the gap between your creative spark and your commercial success.
Who Is This For? (Target Audience)
We Fund the Full Spectrum of Creativity;
We don’t believe in a one-size-fits-all approach. Our loan products are tailored to support every sector of the creative industry.
Film & TV Production
(Part A)
Bridge financing for pre-production, equipment rental, location scouting, and post-production editing.
Music & Audio Production
(Part B)
Studio session costs, music video production, distribution, and tour logistics.
Fashion & Luxury Goods
(Part C)
Bulk raw material procurement (fabric, leather), runway show financing, and retail inventory.
Digital Media & Content
(Part D)
Funding for equipment upgrades (cameras, lighting), software subscriptions, and marketing campaigns.
Gaming & Tech Creatives
(Part E)
Information Technology & Student Software Development
Eligibility Criteria
Are You Eligible ?
To qualify for the Andray Finance Creative Industry Loan, applicants must meet the following minimum criteria:
REGISTERED BUSINESS
Must be a registered business (or sole proprietorship with a track record) operating for at least 12 months.
REVENUE HISTORY
Must demonstrate a history of creative industry revenue (minimum turnover of ₦3,000,000 per month).
AGE RESTRICTION
Must be between 22 and 65 years of age.
MEANS OF IDENTIFICATION
Must possess a valid means of identification and BVN.
Turn your blueprint into a masterpiece without compromising your creative freedom.
Andray Finance has a simple philosophy, which is embodied in our “bottom line” statement: Happy Employees. Happy Customers.®
Promoting and Sustaining Andray Finance's Family Atmosphere
Providing Unequaled Personal Service to Each and Every Customer
Giving Back to the Communities We Serve by "Paying It Forward"
Creativity Shouldn’t Wait for Capital
The Creative’s Dilemma (Understanding the Pain Point)
In the creative industry, timing is everything. Whether it’s securing a studio for a hit single, purchasing fabric for a runway collection, or funding post-production for a feature film, delays in funding can mean missed opportunities.
Traditional banks often don’t understand the cyclical nature of creative revenue or the value of intellectual property. At Andray Finance Limited, we do. We specialize in bridging the gap between your creative spark and your commercial success.
Tenor
3 to 24 months
Moratorium Option
Option to defer principal repayment for the first 1–3 months (Interest-only payments available for production cycles).
How It Works (Simple 4-Step Process)
From Application to Action in Four Steps
The prodiuct aims to improve access to long-term, low-cost financing for entrepreneurs and investors in Nigeria’s creative and information technology subsectors.
Apply Online
Fill out our simple application form. Tell us about your creative project and the funding required.
Submit Documents
Upload your ID, proof of creative practice (portfolio, past projects), and bank statements.
Project Review
A dedicated creative finance expert will review your proposal. Focusing on potential and past performance, not just your credit score.
Funds Disbursed
Sign the agreement digitally. Funds are released directly to your account or to vendors (for equipment/fabric procurement) as specified.
Creative Sector Loan
The Creative Industry Financing Initiative
Turn your blueprint into a masterpiece without compromising your creative freedom.
Frequently Asked Questions (FAQ)
Businesses in the selected sector.
- Movie production
- Movie distribution - Cinemas
- Movie production - Equipment Financing
The interest rate is 15 % (charges exclusive).
Detailed business plan including financial plan, economic benefits and three years’ financial projections. This will also include proposed loan disbursement and repayment details.
Yes, 3 years audited accounts for existing companies and Statement of Affairs for start-ups and companies with less than 3 years of existence.
While a business account is preferred, we accept sole proprietors with personal accounts as long as they can clearly separate business income statements.
The borrower must have a clean/satisfactory credit history. At least 2 Credit Reports for the company and each director.
Yes. We recognize that "going to market" is a crucial cost. Funds can be used for marketing, PR, and distribution logistics.
No, it is for strictly 100% Nigerian owned businesses.
The security structure is designed to be flexible and include Legal Mortgage, All Assets Debenture and Personal Guarantee.
Life happens. We offer flexible restructuring options. If your production is delayed due to unforeseen circumstances, contact your relationship manager immediately to discuss a revised repayment schedule.
Yes. Andray Finance Limited operates nationally. We serve creatives across the country via our digital platforms and remote verification processes.
The borrower will be required to make at least 30% equity contribution and evidence must be provided at the point of forwarding the loan application.
We have made arrangements for consultants to assist our customers in preparing their business plans to meet the minimum standard at discounted rates.
No matter the challenge, we're here to help.
Call our office at 0815-100-0004 or request more information on our tailored loan options.
Key Features & Benefits
Why Choose Andray Finance ?
No Collateral? No Problem!
Leverage your intellectual property, existing contracts, or future receivables as security. We offer unsecured options for established creatives with a proven track record.
Speed of Execution
We know production waits for no one. Receive a preliminary decision within 24 hours and disbursement within 3–5 business days of complete documentation.
Project-Based Repayment
Repay the loan as your revenue flows in. If you have a confirmed purchase order or distribution deal, we can structure the repayment to align with those milestones.
Industry Expertise
Our relationship managers aren’t just bankers; they are industry insiders who understand the nuances of box office collections, music royalty timelines, and seasonal fashion cycles.
Business Support
Access to Andray Finance’s creative network—including legal advisory for IP protection and financial management workshops.
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Andray Finance Limited is the creditor, issuer and servicer for;
Creative Industry Loans.
Get in Touch
Connect with a representative to talk about your current situation and plans.
