General notice and awareness created to the public in knowing about authentic Loan Companies in Nigeria and Loan Companies CBN licensed for partnership in 2024 and in years to come.
There are simple ways to understand latest and legit loan companies approved by Central Bank of Nigeria CBN in 2024. Secondly, this page would list out 16 licensed loan companies in Nigeria you can go for. Thirdly, Business metrics has provided the basic information and way forward as would indicate in conclusion to guide you through this process.
Framework and Guidelines for Digital Lending indicates licensed loan companies wavering under CBN regulatory framework, Some digital lenders are under the supervision of the CBN and licensed as finance companies, while others are licensed as Microfinance Banks.
18 Loan Companies in Nigeria: Loan Companies CBN licensed 2024
- Ekondo Microfinance Bank
Ekondo is a licensed microfinance bank focusing on the South-South part of Nigeria. The company offers several credit facilities tailored to meet the varying needs of its numerous clients when you have an account with them. Its loan offerings include civil servant loans, salary advance loans, and fast cash, among others. click here to register for loan.
- Links Microfinance Bank
Central Bank of Nigeria approves Links Microfinance Bank. The is providing a one-stop approach to banking services, offering savings, loans, and investments through it’s mobile app, which came to lunch in the year 2022. The company working team can easily approve salary advances for their staff through the employer Loan Programs. click here for loan
- Fast Credit Limited
Fast Credit Limited is licensed by the CBN to provide financial services. FCL is another long existing banking platform that offering various investment and loan to both public and private sector and medium-sized enterprises. The company recently announces digital banking channel such as its mobile app and USSD service, through which it offers micro and nano loans to Nigerians. check here on the link to get loan.
- Baines Credit Microfinance Bank Limited
Baines Credit Microfinance Bank is a financial institution licensed by the CBN. The company says it is committed to solving all the financial needs of salary earners, micro, small, and medium-scale enterprises (MSMEs), and other corporate sectors. The company offers quick digital loans and salary advances for salary earners. Register here to get your loan on Baines Credit Microfinance Bank Limited.
- Greenbond Finance Company Limited
GreenBond Finance Company Limited is a CBN-licensed finance company whose core objective is to provide permissible financial services to individuals and business entities. The company says customers can apply for loans 24/7 through its app Apply 24/7 and receive credits in their accounts instantly without a collateral or guarantor. One of its loan services is the Salary Advance, which covers salary advance loans against each monthly salary cycle. Another one is Asset Finance, which is designed to empower salaried customers in the acquisition of home appliances such as electronics, generators, inverters etc. Register here to get your loan.
- Accion Microfinance Bank
Accion MfB Limited began operations in May 2007 on license from the CBN. Aside from its other financial services, the company offers both personal and business loans. Its School Fees Loan, for instance, offers parents and guardians a seamless process to secure quick and easy loans through its website or its mobile app to facilitate school fee payment. click here to have your loan.
- Newedge Finance Limited
Newedge is a financial institution established in 2019 and licensed by the CBN to operate as a finance company in Nigeria. The company provides instant loan services using multiple channels. Its loan apps include: Palm Credit, New Credit, Easy Buy, Xcross Cash, and Xcash. Each of the apps offers a wide range of loans tailored to meet the needs of the customers. click here to register.
- Shepherd Trust Microfinance Bank
Shepherd Trust is a CBN- approved microfinance bank providing savings, investment, and Loan products to MSMEs for individual, the company provides loans to salary earners who must have worked for their current employers for at least 6 months. Here is the link to register for your loan.
- Firmus Microfinance Bank
CBN granted permission to Firmus as a microfinance bank. The company is providing financial services to individuals and SMEs. In addition, the company came as a response to the need for access to banking services for low-income households and small businesses. Firmus mobile app offers all kinds of loans such as personal loan, house loan, school, mortgage and car loan, among others. click here to register
- Cashbridge Microfinance Bank
Cashbridge is licensed as a Microfinance Bank by the CBN, and it offers a variety of loans. According to the company, it is a loan solutions platform designed to make its customers’ dreams a reality. These include business loans, school fees loans, and home loans, among others. To apply loan from this platform may be difficult, but it is easy when you determined and follow it official link. Click here to have to apply for loan.
- Zedvance Finance Limited
Zedvance Finance is approvingly by the CBN and it provides instant loans through its MoneyPal App. Zedvance finance loan helps customers achieve their financial goal to their specific needs. In addition, With MoneyPal, you can access collateral-free loans quickly and easy without any paperwork. click the link here to have your loan from Zedvance Finance Limited.
- Credit Direct Limited
Central Bank of Nigeria permits Credit Direct Limited to be one of the Finance Companies. The company proves its offers to be legit and reliable platform in providing quick loans with easy documentation processes. As an approved platform for loan by CBN, click here to get your loan
- FairMoney
As a digital bank focused on lending, FairMoney provides instant loans of up to one million naira, as well as a bank account and a debit card. Last of all, the FairMoney do processing over 10,000 loans every day, with one loan disburses every eight seconds. click the link for your loan.
- Branch International Financial Services
Branch International Financial Services is approves by the CBN as a finance company. Branch says all its customers need to get a loan through its mobile app and get approve in under 24 hours. In addition, the Branch app determines loan eligibility and personalized loan offers using users’ smartphone data. here is the link to get loan from branch international financial service today.
- Carbon Finance and Investments Limited
Carbon is also a popular loan app company in Nigeria. Carbon provides a range of financial services, including personal loans, business loans, payments, funds transfers, credit scoring, savings, and investments. According to the company, loan application process on the Carbon app typically takes less than five minutes to complete. click here to get loan from Carbon finance and investments limited.
- Renmoney Microfinance Bank
Renmoney is a microfinance bank that offers loans, savings, and banking services. Renmoney is a microfinance bank high rate itself as Nigeria’s most convenient lending company with innovations that deliver outstanding service experiences. In addition, the company grants both personal and micro-business loans ranging from N50,000 to N6 million to applicants. You can click the link to get your loan.
- Links Microfinance Bank
Central Bank of Nigeria approves Links Microfinance Bank. It providing a one-stop approach to banking services, offering loans, and protect your investments through it’s mobile app, which came to lunch in the year 2022. The company working team can easily approve salary advances for their staff through the employer Loan Programs. click the link to get loan from links Microfinance Bank
- Easemoney
Easemoney is a financial technology company that partnering with opay to offer credit services to individuals. Their platform provides users with a credit limit, in which it can be used to make purchases. Easemoney designed to reward responsible borrowing behavior, such as paying on time.
Easemoney works in the following points:
- Initial Credit Limit – Easemoney assigns an initial credit limit based on your creditworthiness.
- Timely Payments – When you make payments on time, Easemoney considers this positive behavior.
- Credit Limit Increase – As you continue to pay on time, Easemoney may automatically increase your credit limit, giving you access to more funds.
- Credit Score Improvement – Your responsible payment behavior is also reported to credit bureaus, helping to improve your credit score.
- Higher Credit Limit – With a higher credit score and continued timely payments, Easemoney may further increase your credit limit, providing greater financial flexibility.
However, it’s essential to remember to always borrow within your means and make timely payments to avoid any negative consequences on your credit score. click this link to get loan.
Conclusion
If you want to get a Loan in Nigeria, apply from CBN licensed loan listed above to prevent you encountering fraudulent operations in your bank account.
Note: All loan platforms mentioned, you can equally get from google play store here on the link https://play.google.com/store/apps?hl=en_US
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