Most readily useful several Other sites Providing you with Short Fund In the place of Equity During the Nigeria

*** Before you can proceed, please note one to Charge NG is not a loan company. And therefore, most of the requests money and you will related attributes will be overlooked.

A loan are a financial device that helps both people and you can visitors to satisfy obligations. not, extremely loan providers commonly require a kind of collateral in order to serve as shelter prior to they give-the actual financing to be certain its repayments.

Not every individual into the Nigeria enjoys whatever they can also be tender while the guarantee to access that loan. Thanks to this fund as opposed to security are very important. Thank goodness today, entrepreneurs and other people can use getting short on line loans rather than starting the assets while the security.

Not enough investment is among the major dilemmas of performing providers in Nigeria. For the this new simple and fast on line investment choices, loan providers check creditworthiness and power to repay in this a stipulated time and you will ount out-of loan according to one investigations.

In this post, we chatted about the big ten websites for the Nigeria that offer small fund to help you small businesses and people in the place of collateral inside Nigeria.

step 1. GROFIN

GroFin provides Smaller than average Medium Agency (SME) finance/business loans round the Africa & the center East. If you have investible number therefore looking to increase your team, up coming GroFin is your better brief.

That have GroFin, companies can online installment KY access business loans ranging from All of us$100,100000 and you may Us$step one.5 mil. If you believe your online business presses the desired listing, then you can submit your internet software right here.


History on the number are SMEDAN, a government-backed effort so you’re able to offers quick and easy loans so you’re able to Nigerian SME’s people trying to find money. The new core objective of your own organization is to advertise entrepreneurship one of Nigerians and now have provide investment first off the organization.

Out funding, SMEDAN also have business owners with give-towards knowledge and you will help to help them focus on its business. If you would like to apply, click the link to view their on line app webpage.

step three. LYDIA.CO

Lidya was an online platform that provides enterprises the means to access loans. The working platform also provides small and medium-size of enterprises that have personal loans out of anywhere between $500 and you can $15,000.

Depending on the founders, “Lidya spends technical and formulas to assess the risk ahead of granting the fresh money, permits them to render lending products these types of people within a low cost.”

cuatro. AELLA-Credit

Aella Borrowing is actually building programs which make it more relaxing for some body inside Africa to gain access to funding. Mostly focused on staff member lending and empowerment, the business was connected to three main credit agency agencies during the Nigeria to add short and affordable fund without records so you’re able to their consumers.

Aella Borrowing from the bank spends a proprietary credit rating algorithm to choose the creditworthiness of their users. This new algorithm, which had been oriented following the cluster gathered more than 5 years out-of market data and investigation, techniques an applicant’s qualification for a financial loan of the provided social and you may group affairs in addition to their financial obligation to help you money ratio.


Zedvance try a customers finance company purchased getting consumer credit to individuals. You could potentially use doing 3 Million Naira in 1 day.

The business particularly offer financing to help you salary earners but when you was a paycheck that have a side business, you could grab the deal to finance your company fool around with.


Paylater is a simple and you will totally on the internet lending system that give short-term finance to prospects and small enterprises when you look at the Nigeria to assist coverage unforeseen expenditures or urgent bucks needs.

Having Paylater, you have access to as much as 500,000 Naira financing and no equity. When your software is accepted, money are generally acquired within step 1 – step 3 business days. And come up with into the-day money is also give you use of high borrowing restrictions getting the next mortgage.

seven. KIAKIA.CO

KiaKia is actually an electronic money-lender getting Nigerian people. KiaKia utilizes psychometry, big-studies, servers studying and you may electronic forensics for the proprietary credit reporting and you may borrowing risk research formula to include direct and you can peered individual and you will loans to help you countless some one and you can SMEs versus credit pointers.

Title KiaKia is actually produced from a good Nigerian words meaning that “Prompt Timely”. Based on her or him, the clear answer really is easy and you will punctual, but highly effective and you will efficient.


Formerly also known as One to Borrowing, OneFi try a card facility organization that offers brief-name individual funds in order to borrowing-deserving individuals with limited the means to access money.

nine. C24

C24 Limited is good microfinance institution which was dependent towards the only objective in order to make a method for people so you can actualize ventures to her or him, because of the providing her or him availability bucks finance once they are interested.

C24 knows the necessity for easy money fund and need of reduced financing running time. The on line loan procedure has been optimised to help candidates prevent the stress on the other loan companies.


QuickCheck are a modern-day credit program for individuals and you will smaller businesses. QuickCheck spends mobile technology to enable people and small enterprises in order to access financial borrowing from the bank.

According to the system, profiles have access to brief and you will difficulty-totally free finance as much as 30,100000 Naira without any equity to have a period of sometimes fifteen otherwise a month.

eleven. SPECTA

Specta is actually an on-line financing platform that provides your loans out-of as much as 5 Billion in a single purchase every inside five full minutes! Zero equity, no files with no stop by at work. With Specta, you might care for immediate personal and you will organization requires everywhere, each time.

Specta provides 2 loan issues, MySpecta which offers individual loan functions and you will Specta4Business that gives small and you will obtainable loan for corporates and entrepreneurs.

twelve. Timely Borrowing from the bank

FastCredit also provides loans to mini, small and typical enterprises to support team gains. The fresh fund was backed by guarantors and they are getting a max tenor off six months for advertisers you to definitely meet the criteria.

Except that loans, nonetheless they promote easy and quick ‘all-purpose’ bucks fund so you’re able to employees from corporates for instance the banking companies, TELCOs, Insurance/other financial institutions, FMCGs, Pharmaceuticals, Aviation, Gas and oil employees etc to allow her or him urgently fulfill their consumer demands.