Cascador and Sterling Bank Launch $2M Fund to Redefine SME Lending in Nigeria

• • Cascador and Sterling Bank Disrupt SME Lending in Nigeria with New Funding Initiative • Cascador and Sterling Bank Launch Breakthrough Funding for Nigerian Entrepreneurs Lagos, Nigeria: Cascador, Nigeria’s premier accelerator for mid-stage entrepreneurs, has announced a landmark partnership with Sterling Bank to launch a bold new debt funding model to unlock growth for Africa’s most promising ventures. Backed by a $2 million Catalytic Fund, the partnership introduces flexible, founder-friendly financing for Cascador alumni; pairing low-interest debt with business mentorship, tailored repayment terms, and dramatically reduced collateral requirements. “This is a breakthrough moment for Cascador and for the entrepreneurs we serve,” said Dave DeLucia, Founder of Cascador. “Through our partnership with Sterling Bank, we’re deploying capital in a way that’s truly catalytic -pairing mentorship and education with access to capital that’s structured around the real-life cash flows of g...