- Ella Credit
Ella Credit is a construction platform that makes it easy for individuals in Africa to gain access to financing. Mainly focused on employee lending and empowerment, the company was affiliated with three main credit bureau agencies in Nigeria to provide quick and affordable loans to their customers with no paperwork.
Ella Credit uses a proprietary credit scoring algorithm to determine its users’ credit. The algorithm, which was gathered after the team’s five years of market data and analysis, processes the applicant’s eligibility for the loan by considering social and demographic factors as well as their income to ratio.
- Fairmoney Loan App
FairMoney is one of the latest instant loan app in Nigeria. The loan app provides instant cash for personal finance, health emergency, car repair, rent payment and purchasing consumer durables.
Request for quick decision that quick decision and funds are transferred to your bank account in 5 minutes.
FairMoney also offers education loans aimed at enabling students to reach their goals in life. Business loans are also available to small business owners who plan to start a business or develop an existing business.
- Quickcheck
The use of Quickcheck mobile technology enables individuals and small businesses to gain access to financial loans.
Whether it is a matter of getting a quick loan in Nigeria, medical bills, school fees, payday advances or unexpected cash problems.
- Grofin
Grofin provides small and medium enterprise (SME) finance / business loans in Africa and the Middle East. If you have an investable number and want to expand your business, then grofin is your best short.
With Grofin, businesses can use business loans between US $ 100,000 and US $ 1.5 million. If you feel that your business ticks the required checklist, you can submit your online application here.
- One-Fi
Formerly known as One Credit, Onefee is a credit facility company that provides short-term consumer loans to credit-eligible individuals with limited access to finance.
The one-off loan repayment cycle typically takes between 3 and 6 months, with a loan amount of up to N200,000 or more.
- Branch Loans
The branch lets you apply for credit on the go, and it works 24/7 without collateral and this fast loan is currently the branch loan app available in Kenya, Tanzania and Nigeria. In Nigeria, the initial amount allowed to borrow is 6,000 naira with interest of 1,200 naira in 30 days.
You can complete our application in seconds and get your loan directly in your account. It is fast, convenient and reliable. The payment option can also span up to 4 weekly payments (1,800 naira per week). To visit their website: Branch.com
- ZEDVANCE
Zedvance is a consumer finance company committed to providing consumer loans to individuals. You can get a loan up to 3 million naira in less than 24 hours.
The company offers loans exclusively to salaried people, but if you are a salaried with a side business, you can negotiate finance for the use of your business.
- KWIKMONEY
Kwikmoney formerly kwikcash is an online lending platform for personal and small business loans. Whether you need working capital for your small business or to handle a family emergency, kwikmoney lets you get a quick loan of up to N500,000 directly to your bank account.
The quick loan term is usually 14–30 days, with an interest rate between 5% and 15%. As you take out loans and paybacks, the system trusts you more, offering you higher amounts every time. No collateral, no documents, no vehicles.
- Remoney
Renmoney operates under a microfinance bank (MFB) license, closest to the consumer finance banking license available in Nigeria. The company is committed to the provision of simple money solutions and currently has a staff base of over 400 employees and a customer base of over 25,000 customers and counting.
Renmoney offers unsecured cash loans (ie no collateral required) to customers up to NGN 4 million ranging from three (3) to nine (9) months for new customers. However, the returning customer takes a longer tenure of twelve (12) months. Clients can either be salaried or self-employed as long as they can provide a verified source of income
- SnapCredit
SnapCredit offered an opportunity to apply to get an online loan in Nigeria. Its percentage rate varies according to the amount borrowed and the repayment deadline.
Also, you do not need to wait for hours or weeks to get your money, the loan is received after the loan application is approved and validated. When it comes to loan repayment, you will not have to go to the nearest bank monthly to complete this process.
