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APR 48.0%
Amount ₦100k
Term 6–24 mo
Speed instant approval

Best for: This loan is best for individuals looking for quick access to funds with the ability to choose repayment terms that fit their budget.

APR 28.5–32.0%
Amount ₦200k
Term 6–60 mo
Speed Bank review and disbursement to salary account

Best for: This loan is ideal for individuals with strong credit who need quick access to funds for personal expenses.

First Bank SME Business Loan

First Bank of Nigeria

APR
Amount ₦500k
Term 12–60 mo
Speed 1-2 weeks

Best for: Established businesses with a good credit history looking for significant financial support.

GTBank Business Loan

Guaranty Trust Bank

APR
Amount ₦1M
Term 12–60 mo
Speed 1-2 weeks

Best for: Established Nigerian businesses with a solid trading history seeking significant funding for expansion.

APR 25.44–31.8%
Amount ₦50k
Term 3–24 mo
Speed fast app-based approval

Best for: This service is best for individuals or small businesses looking to build their credit while accessing loans online through an app or website.

UBA SME Business Loan

United Bank for Africa

APR
Amount ₦500k
Term 12–60 mo
Speed 1-2 weeks

Best for: Nigerian small to medium enterprises with solid financial projections and collateral who need significant funding for growth.

APR 60.0%
Amount ₦1.5k–₦1M
Term 1–12 mo
Speed 5 minutes

Best for: This loan is ideal for individuals looking for quick financing solutions without extensive documentation, especially those building credit.

APR
Amount ₦1M
Term 12–60 mo
Speed 1-2 weeks

Best for: Established Nigerian businesses with solid financial records looking for substantial funding.

APR 24–456%
Amount ₦1.5k–₦5M
Term 1–36 mo
Speed 5 minutes

Best for: This loan is best for individuals looking to build their credit scores while needing immediate access to funds. It's particularly suitable for those with a developing credit history.

APR
Amount ₦150k
Term 1–12 mo
Speed 24-48 hours

Best for: Established Nigerian businesses seeking quick funding for operational expenses or expansion.

APR 20.0–28.0%
Amount ₦200k
Term 6–60 mo
Speed bank review and disbursement to salary account

Best for: This loan is best for individuals with a high credit rating looking to fund personal projects or consolidate debt over an extended period, benefiting from competitive rates.

APR
Amount ₦1M
Term 12–60 mo
Speed 1-2 weeks

Best for: Nigerian entrepreneurs with existing Stanbic IBTC accounts seeking substantial working capital or trade finance.

APR 54–195%
Amount ₦2.5k–₦1M
Term 2–12 mo
Speed minutes

Best for: This loan is best for those looking to build their credit score while accessing up to NGN 1,000,000 instantly via a mobile app.

APR 36.0–99.0%
Amount ₦6k–₦1M
Term 4–52 mo
Speed minutes to 24 hours

Best for: This service is best for individuals with limited access to traditional banking who need immediate financial assistance without extensive paperwork.

APR 30.0–108.0%
Amount ₦5k–₦250k
Term 1–12 mo
Speed minutes

Best for: This service is best for individuals building their credit and seeking quick access to funds without lengthy approval processes.

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