Syndicated loans are used when a borrower wants to borrow more than its bank is prepared to lend. The bank will pull together a syndicate (pool) of other banks to... read more →
Salary Advance is a small, short-term unsecured loan that relies on the borrower having previous payroll and employment records. With a salary advance in Nigeria, you repay it either out... read more →
Buying a new car whether it is a 2018 brand new model or tokunbo is a great milestone for most Nigerians. Only a few Nigerians can buy a new car... read more →
Are you thinking of buying a car (New or Tokunbo)? Maybe you need a new TV or Fridge?, Most of us can’t afford to pay for such big-ticket items out... read more →
Invoice discounting is the practice of using a company's unpaid accounts receivable as collateral for a loan, which is issued by a finance company. Invoice discounting in Nigeria is provided... read more →
A number of new Nigerian online lenders and marketplaces have emerged which may be opening up new pools of capital for small businesses through greater innovation in how small business... read more →
There is no collateral required on an unsecured loan, thus the interest rates are normally higher than for an unsecured loan due to the higher risk to the lender. An... read more →
