Compare personal loans

GTBank Salary Advance Personal Loan

GTBank

Representative APR

35.4%

Amount

₦5k–₦5M

Term

1–12 mo

Best for: This loan is ideal for salary earners looking for quick access to funds, particularly in emergencies or for unexpected expenses.

Stanbic IBTC Business Loan

Stanbic IBTC Bank

Representative APR

—

Amount

₦1M

Term

12–60 mo

Best for: Nigerian entrepreneurs with existing Stanbic IBTC accounts seeking substantial working capital or trade finance.

Carbon Personal Loan

Carbon

Representative APR

54–195%

Amount

₦2.5k–₦1M

Term

2–12 mo

Best for: This loan is best for those looking to build their credit score while accessing up to NGN 1,000,000 instantly via a mobile app.

UBA SME Business Loan

United Bank for Africa

Representative APR

—

Amount

₦500k

Term

12–60 mo

Best for: Nigerian small to medium enterprises with solid financial projections and collateral who need significant funding for growth.

FairMoney Personal Loan

FairMoney

Representative APR

24–456%

Amount

₦1.5k–₦5M

Term

1–36 mo

Best for: This loan is best for individuals looking to build their credit scores while needing immediate access to funds. It's particularly suitable for those with a developing credit history.

First Bank SME Business Loan

First Bank of Nigeria

Representative APR

—

Amount

₦500k

Term

12–60 mo

Best for: Established businesses with a good credit history looking for significant financial support.

Stanbic IBTC Personal Loan

Stanbic IBTC

Representative APR

48.0%

Amount

₦100k

Term

6–24 mo

Best for: This loan is best for individuals looking for quick access to funds with the ability to choose repayment terms that fit their budget.

Lidya Business Loan

Lidya

Representative APR

—

Amount

₦150k

Term

1–12 mo

Best for: Established Nigerian businesses seeking quick funding for operational expenses or expansion.

Branch Personal Loan

Branch

Representative APR

36.0–99.0%

Amount

₦6k–₦1M

Term

4–52 mo

Best for: This service is best for individuals with limited access to traditional banking who need immediate financial assistance without extensive paperwork.

Access Bank SME Business Loan

Access Bank

Representative APR

—

Amount

₦500k

Term

6–60 mo

Best for: Established SMEs in Nigeria needing significant capital for expansion or operational costs.

First Bank of Nigeria Personal Loan

First Bank of Nigeria

Representative APR

20.0–28.0%

Amount

₦200k

Term

6–60 mo

Best for: This loan is best for individuals with a high credit rating looking to fund personal projects or consolidate debt over an extended period, benefiting from competitive rates.

GTBank Business Loan

Guaranty Trust Bank

Representative APR

—

Amount

₦1M

Term

12–60 mo

Best for: Established Nigerian businesses with a solid trading history seeking significant funding for expansion.

Renmoney Personal Loan

Renmoney

Representative APR

25.44–31.8%

Amount

₦50k

Term

3–24 mo

Best for: This service is best for individuals or small businesses looking to build their credit while accessing loans online through an app or website.

Zenith Bank Business Loan

Zenith Bank

Representative APR

—

Amount

₦1M

Term

12–60 mo

Best for: Established Nigerian businesses with solid financial records looking for substantial funding.

QuickCheck Personal Loan

QuickCheck

Representative APR

60.0%

Amount

₦1.5k–₦1M

Term

1–12 mo

Best for: This loan is ideal for individuals looking for quick financing solutions without extensive documentation, especially those building credit.

UBA Personal Loan

UBA

Representative APR

28.5–32.0%

Amount

₦200k

Term

6–60 mo

Best for: This loan is ideal for individuals with strong credit who need quick access to funds for personal expenses.

Kuda Bank Overdraft

Kuda

Representative APR

30.0–108.0%

Amount

₦5k–₦250k

Term

1–12 mo

Best for: This service is best for individuals building their credit and seeking quick access to funds without lengthy approval processes.