Frequently Asked Questions
Find answers to common questions about our loans, application process, and repayment options.
Loan Information
We offer business loans with flexible amounts and maturity that's tailored to your business needs.
Our minimum loan is ₦100,000; new clients can get up to ₦5 million and repeat clients up to ₦10 million.
Our loan tenor ranges from 1-6 months.
Our interest rates is 4% per month for monthly/weekly loans.
A one-time administrative fee applies at the point of disbursement. Also, there may be charges for late repayment, however this will be clearly spelt out in every loan contract and explained to you before you execute it.
Application Process
You receive your loan in 1 business day after you submit all required documents.
You need a verifiable business and a valid means of identification.
Yes, we require a minimum of one guarantor.
We require flexible documentations such as valid ID document, proof of business and bank statement (where applicable).
We accept flexible collaterals such as household goods, inventory, fixed assets and vehicles.
Loan Repayment
The approved funds will be disbursed directly into your personal bank account by transfer.
Depending on the type of loan, we offer flexible repayments on a daily, weekly or monthly basis.
Loan repayments should be made directly into our designated bank account which will be provided during disbursement.
Yes, you can pay up your loan faster than the agreed tenure, and request for a fresh one if you so wish.
Other Questions
No. Every client is responsible for the loan they borrow.
Akure, Ondo, Ore, Okitipupa, Igbokoda, Ado-Ekiti