Top 12 Websites That Provides Fast Loans Without Collateral In Nigeria

*** Before you continue, please be aware that Invoice NG is certainly not a loan company. Ergo, all needs for loans and relevant solutions will be ignored.

That loan is really an instrument that is financial helps both companies and people to generally meet obligations. However, many loan providers frequently require a kind of security to act as protection before they give-out the mortgage to make certain its repayments.

Maybe perhaps 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 have become crucial. Happily today, business people and people can put on for fast online loans without setting up their assets as security.

Not enough capital is amongst the major dilemmas of accomplishing company in Nigeria. Aided by the brand brand brand new fast and easy on the web funding options, loan providers creditworthiness that is evaluate power to repay in just a stipulated period of time and will accept a sum of loan predicated on over at the website that evaluation.

On this page, we chatted concerning the top 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 you also seeking to expand your organization, then GroFin can be your best brief.

With GroFin, companies can access loans between US$100,000 and US$1.5 million. If you were to think your organization ticks the mandatory checklist, you’ll be able to submit your on line application right here.

Final in the list is SMEDAN, a government-backed effort to provides fast and simple loans to Nigerian SME’s companies looking for funding. The mission that is core of company would be to market entrepreneurship among Nigerians and provide capital to begin the company.

Apart capital, SMEDAN provide business people with hands-on training and help to aid them run their company. If you want to utilize, just click here to get into their online application portal.

Lidya is an online platform that provides organizations use of finance. The platform provides little and businesses that are medium-sized short term loans of between $500 and $15,000.

In accordance with the founders, “Lidya utilizes technology and algorithms to assess the danger before giving the loans, permits them to provide lending options to these clients at an inexpensive. ”


Aella Credit is building platforms that allow it to be easier for folks in Africa to get usage of financing. Primarily centered on worker financing and empowerment, the organization was connected to three credit that is main agencies in Nigeria to give you fast and affordable loans without any paperwork to its clients.

Aella Credit runs on the credit that is proprietary algorithm to look for the creditworthiness of the 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 factors that are demographic well because their financial obligation to earnings ratio.


Zedvance is just a customer finance business focused on supplying credit rating to people. You are able to borrow up to 3 Million Naira in under a day.

The business specifically offer loans to wage earners however, if you will be a wage with a part business, you can easily select within the deal to invest in your online business usage.


Paylater is a simple and completely online financing platform that delivers short-term loans to individuals and smaller businesses in Nigeria to simply help protect unanticipated costs or urgent money requirements.

With Paylater, you are able to access as much as 500,000 Naira loan with no security. As soon as your application is approved, funds are generally received within 1 – 3 company days. Making repayments that are on-time grant you usage of higher credit limitations for the next loan.


KiaKia is really a electronic cash loan provider for Nigerian businesses. KiaKia makes use of psychometry, big-data, device learning and digital forensics for its credit danger evaluation algorithm to produce direct and peered individual and loans to scores of people and SMEs without credit information.

The title KiaKia ended up being produced by a Nigerian language this means fast” that is“Fast. In accordance with them, the clear answer is simple and fast, but extremely efficient and effective.

Previously referred to as One Credit, OneFi is just a credit center business that provides consumer that is short-term to credit-worthy people who have restricted use of finance.

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

C24 Limited is really a microfinance organization which was founded because of the single objective to produce an opportunity for individuals to actualize opportunities around them, by helping them access money loans if they want it.

C24 understands the necessity for fast money loans plus the requisite of quicker loan processing time. Their loan that is online process been optimised to aid candidates steer clear of the anxiety connected with other loan providers.


QuickCheck is just a contemporary financing platform for folks and small enterprises. QuickCheck makes use of mobile technology to allow people and small enterprises to achieve usage of credit that is financial.

In accordance with the platform, users have access to fast and hassle-free loans as much as 30,000 Naira without the security for a period of either 15 or 1 month.

Specta is an online lending platform that provides you with loans all the way to 5 Million in one single deal all within five full minutes! No security, no documents with no trip to any workplace. With Specta, you’ll look after urgent individual and business requirements anywhere, when.

Specta has 2 loan items, MySpecta that provides loan that is individual and Specta4Business which offers fast and available loan for corporates and companies.


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

Apart from loans, additionally they provide simple and easy fast ‘all-purpose’ money loans to employees of corporates like the banking institutions, TELCOs, Insurance/other finance institutions, FMCGs, Pharmaceuticals, Aviation, coal and oil workers etc to allow them urgently meet their consumer needs.

Filed under Payday Loan App