Archives Tag: Loan
Loan Repayment Strategies
April 19, 2022
As we wave goodbye to 2023, many of us are thinking about fresh starts and new beginnings. One powerful way to kick off 2024 on the right foot is by getting a handle on our loans and debts. Repaying loans not only frees up your financial space but also sets you up for a … Continue reading Loan Repayment Strategies
SMEDAN Launches ₦5 Billion Loan Program for Over 10,000 SMEs
April 19, 2022
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) says it is partnering with Sterling Bank to disburse ₦5 billion in loans to over 10,000 small and medium-scale businesses in Nigeria. Leading representatives of both institutions were at an event where a Memorandum of Understanding concerning the deal was signed. Read more about Business … Continue reading SMEDAN Launches ₦5 Billion Loan Program for Over 10,000 SMEs
How to Get a Small Business Loan in Nigeria Right Now
April 19, 2022
You may not always have all the money you need to run your business at your disposal. Sometimes, you’ll need to raise funds to finance important operations or meet outstanding obligations. And when such moments come, you’ll want to be able to settle the associated bills. When this is the case, securing a small … Continue reading How to Get a Small Business Loan in Nigeria Right Now
5 Essential Steps After Securing a Business Loan
April 19, 2022
Congratulations! You’ve just taken a significant step in your business journey by securing a much-needed loan. It’s an exciting time, but also one that demands strategic planning and thoughtful execution. In this piece, we’ll walk you through five essential actions to take after receiving a business loan, ensuring you make the most of this … Continue reading 5 Essential Steps After Securing a Business Loan
Register Your Business with SMEDAN to Access Loans, and More
April 19, 2022
SMEDAN – the Small and Medium Enterprise Development Agency of Nigeria – has embarked on a mass registration of MSMEs in Nigeria. Businesses which register with the agency are eligible for loans, grants, insurance, training and other forms of government and private sector support. Read more about Business What is SMEDAN? SMEDAN is a … Continue reading Register Your Business with SMEDAN to Access Loans, and More
How Lending Platforms in Nigeria Can Overcome Poor Loan Repayment
April 19, 2022
Nigeria is an emerging market with so many people in dire need of loans to pay off their bills or invest in their businesses. Hence, the country has seen the sporadic establishment of lending platforms, scattered across the country. For example, there are over hundreds of lending platforms in the country, including Specta, Rapid … Continue reading How Lending Platforms in Nigeria Can Overcome Poor Loan Repayment
6 Things You Should Do Before Applying For A Digital Loan
April 19, 2022
In the past, most regular people could not get loans from banks. Starting about a decade ago, online lending platforms emerged to fill this gap. They offered the public an easy and convenient way to apply for and get loans. All that users had to do was to register on loan apps, apply for loans, … Continue reading 6 Things You Should Do Before Applying For A Digital Loan
Loan Shark And How It Works
April 19, 2022
There are times when people, especially business owners, run out of funds and as a result of their desperation, they end up borrowing money from the wrong set of individuals known as Loan Sharks. Read more about Finance A loan shark is an unlicensed person or an entity who offers loans illegally and at extremely … Continue reading Loan Shark And How It Works
Instant Loan Apps: Things You Should Consider Before Using Them
April 19, 2022
Nigerians have snapped up the loan offerings from digital lenders with great enthusiasm. That’s partly because loan apps provide something that the banks have scarcely delivered: small amounts of credit that borrowers can access relatively quickly. Read more about FinTech But it’s not all been plain sailing with these platforms. Many borrowers have struggled to … Continue reading Instant Loan Apps: Things You Should Consider Before Using Them
Instant Loan Applications In Nigeria
April 19, 2022
Life is full of uncertainties and there comes a time when we would need money urgently maybe for some personal use, business, or for some other problems that require financial attention. We may need to source for funds to pull through and getting a quick loan might be the fastest way to secure funds. Read … Continue reading Instant Loan Applications In Nigeria
Top 10 Digital Lending Companies In Nigeria
April 19, 2022
There’s a high demand for credit in Nigeria. Individuals and businesses numbering in the millions want loans that’ll help them finance their lifestyles and operations. But traditional lenders—such as commercial, microfinance, and mortgage banks –aren’t able to meet everyone’s needs in this domain. Read more about FinTech Digital lending companies have arisen to plug … Continue reading Top 10 Digital Lending Companies In Nigeria
N150M Up For Grabs In The CBN Tertiary Institutions Entrepreneurship Scheme Loan
April 19, 2022
There is a call for applications for the Tertiary Institutions Entrepreneurship Scheme (TIES) Loan. The scheme is an initiative targeted at empowering graduates of Nigerian Polytechnics and Universities with entrepreneurial skills for Entrepreneurship Development, Economic Development, and Job creation. Read more about Opportunities Objectives Of The Scheme The broad objective of the Scheme is … Continue reading N150M Up For Grabs In The CBN Tertiary Institutions Entrepreneurship Scheme Loan
5 Tips To Applying For An SME Loan In Nigeria
April 19, 2022
In Nigeria today, many great business ideas die because of funding. Not because the business idea is trash, or because the business owner did not do their best but simply because of the necessary funding needed to expand. Read more about Business On the other hand, there are financial institutions whose main function is … Continue reading 5 Tips To Applying For An SME Loan In Nigeria
4 Reasons Your Business Needs A Loan
April 19, 2022
The age-long challenge with small businesses is insufficient funding. It is feasible that when a business gets this settled, much of its headaches will be eliminated. This means that every business strives for funding. Read more about Business As a business owner, you need to invest immensely and wisely in procurement, production, advertising and … Continue reading 4 Reasons Your Business Needs A Loan
How To Obtain A National Housing Fund (NHF) Loan
April 19, 2022
The National Housing Fund (NHF) was set up in 1992 to create a funding pool for Nigerians who want to build residential houses at an affordable cost. If you’re a Nigerian and you need funding to build your own living space, you can obtain a loan for this from the NHF. Read more about … Continue reading How To Obtain A National Housing Fund (NHF) Loan
