- Open an account
- Select Loan type
- receive your loan in minutes
12. ALAT Loan
ALAT by WEMA offers instant and very quick loans without collateral, no documentation required and at a very low interest rates. There is no physical visitation to any place, everything is being done online and within a few minutes, you’ll receive your loan right in your account. You can borrow as much as 2 million naira with no collateral, although it all depends on your credit score. AlAT offers loans to salary earners and you’ll be able to receive a minimum of #50,000 and up to #4,000,000 within hours and will have between 3 to 24 months to pay back with only a 2% interest rate per month on a reducing balance basis
13. FairMoney Loan
FairMoney can give you up to 500,000 naira within 5 minutes. Their repayment schedule is very flexible and no collateral is required. All you need to do is to download the FairMoney App on Google Play store, apply and get your loan within 5 minutes.
14. Lendigo Loan
Depending on your financial needs, Lendigo is your http://www.rapidloan.net/installment-loans-ms/ go to for urgent funding for all SMEs. Not only that, if you are starting out and you are in need of Capital, the company can give you fast and flexible access to money needed to begin your dream business. The loans they offer is best suited for Traders and Marchants dealing on Fashion Apparel, Electronics, Computing, Phones, Household items etc. If you are one, you can apply here.
15. Branch Loan
Branch is one of the world’s leading personal online financial institution that offers quick loans without collateral in minutes, no physical documentation is needed is required to get branch loans. Branch offers loans to bad credits i.e people with bad credit records. With branch, you can get up to 500,000 naira at an interest rate of 20% per annum. All you need to do is to visit the website and download their App.
Federal goverment of Nigeria offers loans through some accredited agencies. Continue reading “Federal Government Small Business Loans for the Unemployed in Nigeria”