Frequently Asked Questions

We provide a diverse range of loan products customized to suit various business requirements. These offerings differ in terms of loan amount, duration, and repayment schedule. Our loans start from a minimum amount of NGN 50,000 and can be structured with maturities ranging between 1 to 9months. Repayment options are flexible, allowing for daily, weekly, or monthly schedules, depending on the preferences and needs of our clients

The processing time for a loan application ranges between 1 and 5 business days, provided we have received all necessary supporting documents

Yes, at least one guarantor is required.

The common documents include proof of identity, proof of business, bank statements, and sometimes additional documents such as business registration certificates or property documents

Once your loan application is approved, the disbursement process typically involves signing the loan agreement and providing any required documentation. Funds are then disbursed through online transfer into your bank account.

If you miss a loan repayment, it's important to communicate with us as soon as possible. Depending on the terms of your loan agreement, there may be late fees or penalties, and missing payments could affect your credit score.

Our requirements typically include proof of identity (such as a valid ID card or passport), proof of business and proof of address.

Our interest rates vary depending on factors such as the type of loan. However, we offer competitive rates that are transparent and fair.

Yes, we take soft collateral such as household goods, fixed asset, stock and vehicles. Note: these collaterals will still remain in custody of the client.

Yes, we do have maximum loan limits based on various factors such as income, credit history, and the type of loan. Our loan officers will assess your eligibility and provide information on the maximum amount you can borrow

We believe in transparency and we disclose all applicable fees upfront. While there may be certain fees associated with our loans, such as administrative fees or late payment fees, we will clearly outline these in your loan agreement so there are no surprises.

Our repayment terms are flexible and can be customized to suit your financial situation. We offer various repayment options, including daily, weekly or monthly installments, with terms ranging from 1 to 9 months.

Yes, we understand the importance of financial literacy and are committed to supporting our customers in making informed financial decisions. We offer financial education resources, workshops, and counseling services to help borrowers manage their finances effectively and achieve their goals.