Top 12 Websites That Provides Fast Loans Without Collateral In Nigeria

Before you continue, take note that Invoice NG is certainly not a loan company. Thus, all needs for loans and relevant solutions will be ignored.

Financing is an instrument that is financial helps both companies and people to meet up bills. Nonetheless, many loan providers frequently need a type of collateral to act as safety before they give-out the mortgage to make certain its repayments.

Maybe perhaps 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 collateral are extremely crucial. Luckily today, business people and people can put on for fast loans that are online setting up their assets as security.

Not enough money is amongst the major issues of accomplishing company in Nigeria. With all the brand new fast and easy online funding options, loan providers creditworthiness that is evaluate capability to repay within a stipulated time period and can even accept a quantity of loan centered on that evaluation.

In this article, we chatted in regards to the top ten internet sites in Nigeria that provide quick loans to businesses that are small people without security in Nigeria.


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

With GroFin, companies have access to loans between US$100,000 and US$1.5 million. Then you can submit your online application here if you think your business ticks the required checklist.


Final in the list is SMEDAN, a government-backed effort to offers easy and quick business loans to Nigerian SME’s companies looking for funding. The mission that is core of company is always to market entrepreneurship among Nigerians and offer money to start out business.

Apart financing, SMEDAN provide business people with hands-on support and training to greatly help them run their company. If you want to utilize, follow this link to gain access to their online application portal.


Lidya can be an online platform that provides organizations usage of finance. The working platform provides tiny and medium-sized companies with short term loans of between $500 and $15,000.

Based on the founders, “Lidya makes use of technology and algorithms to evaluate the chance before giving the loans, it allows them to supply lending options to these clients at an inexpensive. ”


Aella Credit is building platforms that allow it to be easier for people in Africa to achieve usage of funding. Primarily dedicated to worker lending and empowerment, the business had been associated with three credit that is main agencies in Nigeria to produce fast and affordable loans without any documents to its clients.

Aella Credit works on the credit that is proprietary algorithm to look for the creditworthiness of its users. The algorithm, that was 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 as his or her debt to earnings ratio.


Zedvance is a customer finance business devoted to supplying credit rating to people. It is possible to borrow up to 3 Million Naira in under a day.

The business especially offer loans to income earners however, if you might be an income with a part company, it is possible to select the deal up to fund your online business usage.


Paylater is a simple and completely online financing platform that delivers short-term loans to people and smaller businesses in Nigeria to simply help protect unforeseen expenses or urgent money needs.

With Paylater, you are able to access as much as 500,000 Naira loan with no security. As soon as your application is authorized, funds are usually gotten within 1 – 3 business times. Creating on-time repayments can give you use of higher credit limitations for the next loan.


KiaKia is just a electronic cash loan provider for Nigerian businesses. KiaKia uses psychometry, big-data, device learning and electronic forensics for the credit danger evaluation algorithm to present direct and peered individual and business loans to an incredible number of people and SMEs without credit information.

The title KiaKia had been produced by a Nigerian language this means “Fast Fast”. Based on them, the answer is quite simple and fast, but extremely efficient and effective.


Previously referred to as One Credit, OneFi is just a credit center business that gives consumer that is short-term to credit-worthy people with restricted usage of finance.

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

9. C24

C24 Limited is a microfinance organization which was founded with all the sole objective to generate 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 cash loans together with requisite of faster 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 a lending that is modern for people and small enterprises. QuickCheck utilizes mobile technology make it possible for people and smaller businesses to achieve usage of credit that is financial.

In line with the platform, users can access fast and hassle-free loans all the way to 30,000 Naira without having any security for the extent of either 15 or thirty day period.


Specta is an online financing platform that provides you with loans all the way to 5 Million in a single deal all within five full minutes! No security, no documents with no trip to any workplace. With Specta, you are able to manage urgent individual and business requirements anywhere, when.

Specta has 2 loan items, MySpecta that provides specific loan services and Specta4Business which offers fast and available loan for corporates and business people.


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

In addition to loans, in addition they provide simple and easy cash that is fast‘all-purpose to workers of corporates like the banks, TELCOs, Insurance/other finance institutions, FMCGs, Pharmaceuticals, Aviation, gas and oil workers etc to allow them urgently meet their consumer requirements.