Top 12 Websites That Offers Fast Loans Without Collateral In Nigeria

*** Before you continue, take note that Invoice NG is certainly not that loan company. Ergo, all demands for loans and services that are related be ignored.

That loan is really a economic tool that helps both businesses and folks to meet up bills. Nevertheless, many loan providers frequently require a type of security to act as protection before they give-out the mortgage to make certain its repayments.

Maybe maybe Not every person in Nigeria has whatever they can tender as collateral to gain access to a loan. This is the reason loans without security are extremely crucial. Happily today, business people and folks can use for fast online loans without adding their assets as security.

Not enough money is amongst the major dilemmas of performing company in Nigeria. With all the brand new fast and easy on the web funding options, loan providers creditworthiness that is evaluate capability to pay off in just a stipulated period of time and could accept a sum of loan according to that evaluation.

On this page, we chatted concerning the top ten web sites in Nigeria that provide fast loans to small enterprises and people without security in Nigeria.

GroFin provides tiny and Medium Enterprise (SME) finance/business loans across Africa & the center East. When you yourself have investible figures and also you trying to expand your company, then GroFin will be your best brief.

With GroFin, organizations can access loans between US$100,000 and US$1.5 million. If you believe your organization ticks the desired checklist, then you can certainly submit your on line application right here.

Final on the list is SMEDAN, a government-backed effort to offers easy and quick loans to Nigerian SME’s organizations looking for funding. The mission that is core of organization would be to market entrepreneurship among Nigerians and provide money to begin the business enterprise.

Apart financing, SMEDAN also provide business people with hands-on support and training to aid them run their company. If you’d like to put on, follow this link to gain access to their online application portal.

Lidya is a platform that is online provides organizations usage of finance. The working platform provides little and medium-sized companies with quick unsecured loans of between $500 and $15,000.

In accordance with the founders, “Lidya utilizes technology and algorithms to evaluate the chance before giving the loans, it allows them to supply lending options to these clients at a low cost. ”


Aella Credit is building platforms that allow it to be easier for folks in Africa to achieve use of funding. Primarily dedicated to employee financing and empowerment, the organization had been connected to three credit that is main agencies in Nigeria to supply fast and affordable loans without any documents to its clients.

Aella Credit uses a proprietary credit scoring algorithm to look for the creditworthiness of its users. The algorithm, that has been built following the group gathered over 5 years of market information and analysis, processes an applicant’s eligibility for the loan by considering social and demographic facets because well as their financial obligation to income ratio.


Zedvance is just a customer finance business dedicated to consumer that is providing to people. It is possible to borrow up to 3 Million Naira within just a day.

The business especially offer loans to wage earners however, if you will be a wage having a part company, you can easily select within the deal to fund your company usage.


Paylater is definitely an simple and totally online financing platform providing you with short-term loans to people and small enterprises in Nigeria to greatly help protect unforeseen costs or urgent money requirements.

With Paylater, it is possible to access up to 500,000 Naira loan with no collateral. As soon as your application is approved, funds are usually gotten within 1 – 3 company times. Creating on-time repayments can give you usage of higher credit restrictions for the next loan.


KiaKia is a money that is digital for Nigerian businesses. KiaKia makes use of psychometry, big-data, device learning and electronic forensics because of its credit danger evaluation algorithm to offer direct and peered individual and loans to an incredible number of people and SMEs without credit information.

The title KiaKia ended up being based on a Nigerian language this means fast” that is“Fast. In accordance with them, the answer is quite simple and fast, but very efficient and effective.

Previously referred to as One Credit, OneFi is really a credit center business that gives short-term customer loans to credit-worthy people with limited usage of finance.

One-Fi loan payment period is usually between 3 – six months, with loan amounts as much as N200,000 or maybe more.

C24 Limited is just a microfinance organization which was founded because of the single objective to produce an opportunity for folks to actualize possibilities around them, by helping them access money loans once they require it.

C24 understands the necessity for fast money loans together with requisite of faster loan processing time. Their online loan procedure has been optimised to simply help candidates prevent the stress connected with other loan providers.


QuickCheck is a lending that is modern for folks and small enterprises. QuickCheck makes use of mobile technology to allow people and smaller businesses to achieve use of credit that is financial.

Based on the platform, users have access to fast and hassle-free loans as high as 30,000 Naira without the security for a timeframe of either 15 or thirty days.

Specta is definitely an online financing platform that provides you with loans as much as 5 Million in a single transaction all within five minutes! No collateral, no documents with no trip to any office. With Specta, you can look after urgent individual and business requirements anywhere, when.

Specta has 2 loan services and products, MySpecta that offers loan that is individual and Specta4Business which gives fast and available loan for corporates and business owners.


FastCredit provides loans to micro, tiny and enterprises that are medium help company development. The loans are supported by guarantors and so are for a maximum tenor of 6 months for business people that meet the requirements.

In addition to loans, additionally they offer simple and cash that is fast‘all-purpose to workers of corporates like the banking institutions, TELCOs, Insurance/other banking institutions, FMCGs, Pharmaceuticals, Aviation, coal and oil employees etc to allow them urgently meet their consumer requirements.