This research evaluated factors influencing demand and supply of formal credit among vegetable producers in North West, Nigeria. Primary data were used based on a well-designed questionnaire. The data were analyzed using descriptive statistics, Heckman 2-stage model, Tobit regression model, and principal component analysis. The results show that the mean age, years of vegetable farming experience, education level approximate 45 years, 8 years, and 11 years respectively. In the 2^nd stage of Heckman model, the value of saving, level of education, income from vegetable production, cost of borrowing, availability of collaterals, distant from financial institutions, and inverse mill ratio were significantly different from zero in influencing the amount of formal credit demanded. The experiences in lending, liquidity of lender, interest rate, business leverage and type of credit were significant different from zero in influencing the supply of credit by financial institutions. The utmost constraints facing the vegetable producers were lack of collaterals (1^st), insufficient loan approval (2^nd), high interest rate (3^rd). The utmost constraints facing the financial institutions were high rate of default(1^st), lack of skilled staff (2^nd), and insufficient capital (3^rd). Interest rate of single digit, more bank branches, with sufficient capital devoid of cumbersome administrative procedures are suggested.