Renmoney Personal Loan Personal APR 25.44–31.8% Amount ₦50k Term 3–24 mo Decision 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. Check rates →
UBA SME Business Loan Business APR — Amount ₦500k Term 12–60 mo Decision 1-2 weeks Best for: Nigerian small to medium enterprises with solid financial projections and collateral who need significant funding for growth. Check rates →
Branch Personal Loan Personal APR 36.0–99.0% Amount ₦6k–₦1M Term 4–52 mo Decision 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. Check rates →
Lidya Business Loan Business APR — Amount ₦150k Term 1–12 mo Decision 24-48 hours Best for: Established Nigerian businesses seeking quick funding for operational expenses or expansion. Check rates →
UBA Personal Loan Personal APR 28.5–32.0% Amount ₦200k Term 6–60 mo Decision 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. Check rates →
Access Bank SME Business Loan Business APR — Amount ₦500k Term 6–60 mo Decision 1-2 weeks Best for: Established SMEs in Nigeria needing significant capital for expansion or operational costs. Check rates →
First Bank of Nigeria Personal Loan Personal APR 20.0–28.0% Amount ₦200k Term 6–60 mo Decision 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. Check rates →
Zenith Bank Business Loan Business APR — Amount ₦1M Term 12–60 mo Decision 1-2 weeks Best for: Established Nigerian businesses with solid financial records looking for substantial funding. Check rates →
Stanbic IBTC Personal Loan Personal APR 48.0% Amount ₦100k Term 6–24 mo Decision 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. Check rates →
First Bank SME Business Loan Business APR — Amount ₦500k Term 12–60 mo Decision 1-2 weeks Best for: Established businesses with a good credit history looking for significant financial support. Check rates →
Carbon Personal Loan Personal APR 54–195% Amount ₦2.5k–₦1M Term 2–12 mo Decision 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. Check rates →
GTBank Business Loan Business APR — Amount ₦1M Term 12–60 mo Decision 1-2 weeks Best for: Established Nigerian businesses with a solid trading history seeking significant funding for expansion. Check rates →
Kuda Bank Overdraft Personal APR 30.0–108.0% Amount ₦5k–₦250k Term 1–12 mo Decision minutes Best for: This service is best for individuals building their credit and seeking quick access to funds without lengthy approval processes. Check rates →
Stanbic IBTC Business Loan Business APR — Amount ₦1M Term 12–60 mo Decision 1-2 weeks Best for: Nigerian entrepreneurs with existing Stanbic IBTC accounts seeking substantial working capital or trade finance. Check rates →
FairMoney Personal Loan Personal APR 24–456% Amount ₦1.5k–₦5M Term 1–36 mo Decision 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. Check rates →
QuickCheck Personal Loan Personal APR 60.0% Amount ₦1.5k–₦1M Term 1–12 mo Decision 5 minutes Best for: This loan is ideal for individuals looking for quick financing solutions without extensive documentation, especially those building credit. Check rates →
GTBank Salary Advance Personal Loan Personal APR 35.4% Amount ₦5k–₦5M Term 1–12 mo Decision instant Best for: This loan is ideal for salary earners looking for quick access to funds, particularly in emergencies or for unexpected expenses. Check rates →