Loan Companies In Nigeria

Personal and business loan borrowers in Nigeria look up-to this loan companies in Nigeria for loans and their interest rate is affordable for anyone who wants to take a loan or borrow money from them. 

Top List Of Loan Companies In Nigeria Without Colleatral 

1..KwikCash Loan

Kwikcash is an online money lending company that  offers both internet-based, app and USSD loan options. 

It partners with banks, mobile network operators, and technology companies on a mission to make personal banking services convenient and accessible to all Nigerians.

On KwikCash loan, you can get a loan as high as N15,000 at 15% interest rate for 15 days (half a month) 

Requirements to get a loan with kwik cash:

• BVN

• Platform: USSD, Mobile App

• Interest rate: 15%

• Loan tenure: 1 month

• Top up: No

• Repayment channels: Direct debit.

2. Pettycash Loan Company 

Pettycash is another money lending firm with customers in 36 states in Nigeria. 

They don’t have branches, but they do have enough employees dedicated to helping their customers borrow and invest funds online with their company.

                   

They offer a fully digital experience by providing instant loan to salary earners in Nigeria though their employer or individually. 

This means their customers can access finance anytime and anywhere.

With pettycash loan you get upto N50,000 quick Loan without colleatral in Nigeria:

Types Of Loan Offered By Pettycash 

• Pettycash Federal Staff Loan

This Loan is given to any Federal government staff in Nigeria. Loan from ₦,5000 to ₦50,000.

       

• Pettycash+

With this loan you can Get up to ₦5,000 emergency loan within 5minutes.

3. FINT Loan Company In Nigeria 

FINT helps match lenders (individuals looking to lend) with creditworthy borrowers for a competitive return and at an attractive interest rate.

Fint loan company offers interest rate based on risk score – using a numerical expression based on a level analysis of a person's information.

Apart from this, like other lending platforms in Nigeria, FINT charges the borrower two fees that are both one-time payments. 

The first is a verification fee (NGN 3000) and the second is a closing fee (8%). The closing fee is to be paid before disbursement of the fully-funded loan. In addition, a transfer fee (1.8% + NGN100) is passed on to the borrower.

FINT interest rates range from 3% to 5% per month depending on borrower’s risk score.

Requirements: 

• Employment letter, Salary account, Valid ID.

• Platform: Internet

• Interest rate: 3 - 5%

• Loan tenure: 3 to 12 months

• Top up: Yes

• Repayment channels: Cheque, Direct debit.

4. Smart Loan Company 

SmartLoan is an entirely online lending platform / company designed from the ground up to serve your needs. 

SmartLoan is the easiest, safest and most trusted way to get it. SL is a consumer finance initiative powered by Infocrest Cooperative. 

They are committed to providing consumer credit to their target market in the most efficient and convenient manner while ensuring best practices.

They provide Cash Loans to individual, groups and offer Point of sale finance for consumer goods and appliances in partnership with retailers across Plateau.

How SmartLoans Works In Nigeria 

• Introduce Yourself

We’d like to get to know you better. Fill out our brief application form with your information and we’ll review immediately. To register and apply for a loan, all you need to do is:

• Money in Your Account

Once approved, funds are typically received within 1 - 3 business days. If your application is unsuccessful, we will inform you of the reason(s) as you may still be eligible for a loan.

• Repay Your Loan From SmartLoan 

Making on-time repayments can grant you access to higher credit limits for your next loan. If you have any questions regarding our Mobile App.

How much can I borrow from SmartLoan? For how long?

For your first loan, you can borrow up to ₦10,000 for a period of up to 30 days. You decide how much you want and how long you want it for. Once you have paid your first loan on time, the possibility of you receiving a higher credit limit increases. The more times you take a SL loan and repay successfully, the more we can lend to you.

5. Zedvance Loan Company 

Zedvance Limited is a consumer finance company providing a quick and fast loan at a highly competitive rate.

For Zedvance, the interest rate depends largely on how well you can bargain and the level of risk involved in your loan. It is for salary earners in the country.

Zedvance's quick cash loan, interest stands between 4.0% to 4.5% and loan amount largely depends on your net pay.

Using its loan calculator, a loan worth N70,000 for 4 months will attract N82,456 in total repayment.

Requirements: 

• Employment letter, Salary account, Official email address, Valid ID, Utility bill.

• Platform: Internet

• Interest rate: 4 - 4.5%

• Loan tenure: 3 to 12 months

• Top up: Yes

• Repayment channels: Cheque, Direct debit.

6. Rosabon Finance Loan Company 

Rosabon finance is one of the fastest and easiest ways to access a personal loan in Nigeria without collateral.

On Rosabon platform, a loan of N70,000 for interest attracts a 4-month repayment of N82,915. That's about between 4 to 6% per month.

Some of the requirements for getting a quick cash loan from Rosabon finance include being in a paid employment, between 21 and 58 years, have a salary account, have a pension account or tax ID, have a valid Proof of Identification and a recent utility bill.

Requirements: 

• Employment letter, salary account, pension account or tax ID, Valid ID, Utility bill.

• Platform: Internet

• Interest rate: 4 - 6%

• Loan tenure: 3 to 12 months

• Top up: No

• Repayment channels: Cheque, Direct debit.

7. Loandey Company In Nigeria 

LoanDey is to provide you access to personal loans at competitive Interest rate, on time, no collateral and minimal documentation.

How To Get Loan With Loandey In Nigeria 

• Apply In Minutes

The user must fill the personal loan application form available online with required personal data.

• Verification & Approval

Once submitted, your loan application will be verified to check your eligibility for the requested loan options.

• Recive Your Money

After verification and approval of your documents. We will quickly call you to confirm Final Loan Offer. Disbursal is done within minutes.

8. Specta Loan Company 

Specta is an online lending platform and loan company in Nigeria that gives you loans of up to 5 Million in one transaction all within 5 minutes! No collateral, no paperwork and no visit to any office.

9. Renmoney Loan Company 

Renmoney customers can get loans up to N4,000,000 that can be repaid within a period of nine months without tendering collateral or a guarantor.

To apply for a loan on Renmoney, you’ll have to meet certain conditions. Applicants are expected to be between the age of 22-59, have a steady source of income with a functional current or savings bank account and a valid means of identification.

Upon request, the applicant is expected to provide verification of their monthly income and a report of their previous loans from a credit bureau. All these are to be submitted to any Renmoney office for confirmation.

For Renmoney quick loan request, a N70,000 loan would worth N83, 690 in four months repayment plan.

This implies a % between 4% to 4.5% per month.

10. Aella Credit Loan Company 

Aella credit is an app-only easy and quick loan platform. It is designed to help employees access more funds between 1,500 to 700,000 and an interest rate between 4% - 29% monthly.

Aella credit is available in Ghana, Nigeria and the Philippines.

11. C24 Loan Company In Nigeria 

C24 is a financial institution which provides retail loans for consumers in need of quick financial solutions.

The company is focused on delivering services that can be accessed online, from any internet-enabled device anywhere within Lagos.

How To Use C24ng Instant Loan. 

• Check Your Eligibility

Read through their loan requirement to see if you meet c24ng eligibility criterion.

• Personalize Your Offer

Select how much loan you want and how long you want to take it for.

• Borrow & Repay

Once you are done with the application submit your application and you get your loan amount with your own terms within hours.

Loans C24ng Offers? 

• Personal Loans in Nigeria 

• Business Loans in Nigeria 

• Quick Cash Loans in Nigeria 

Why Borrow From These Loan Companies

1. Fast Online Loan 

These online loan application can be completed within 5 minutes and a loan application feedback is sent to you almost immediately.

2. Flexible Online Loan

Their repayment structure is flexible which means that you don’t have to break the bank to payback.

3. Great rates Via Online Loan 

They have the most competitive interest in the market which makes us top choice when it comes to consumer lending.

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