Are you looking for quick loans in Nigeria?

Then you’re at the right place. This article will show you the top 20 fast online lenders to quench your money related problems.

A loan is a financial instrument that helps both businesses and individuals meet their financial obligation.

However, loans are difficult to acquire without collateral and often comes with an ambiguous process.

This makes it difficult for individuals without collateral to get a loan but this is changing pretty fast as financial companies now make use of the internet to disburse loans to creditworthy people.

With this new method of evaluating an individual’s ability to repay the loan within a stipulated time frame, you can now get access to loans with ease.

Let’s get started.

1. Loan35

loan35 quick loans in nigeria

Loan35 offers quick loans in Nigeria by disbursing your loan in 35 minutes.

In just three steps, you can get up to N10 million worth of loans.

The downside of Loan35 is that you need to provide collateral before you can assess a loan but everything is done online and you don’t need a guarantor.

2. Carbon Loan App

Carbon loan app - quick loan in nigeria

Previously named Paylater, Carbon offers quick loans in Nigeria. You can get up to 100,000 Naira with a repayment period of up to 6 months.

Carbon is developed for emergency and short-term loan requirements and the faster you repay your loan, the better your credit score gets.

With Paylater Plus, you can get up to 500,000 Naira if you’re an employee and have to be in your job for over a year.

Unlike other loan institutions, Carbon is only available on mobile apps and it is easy to set up.

3. OKash Loan App


OKash is a loan app from Opera Pay to offer simple and flexible loan payment to Nigerians.

You can get up to 60,000 Naira with 3 months repayment period and up to 200,000 Naira loan if you’re an Opay agent.

The process is pretty straightforward and if your loan need is within the range mentioned above then you can go ahead and apply for it.

4. Aella Credit

Aella credit

Aella Credit offers 2,000 – 1M Naira loan with 6%-20% interest rate depending on your loan tenure.

To use Aella Credit, you need to install the mobile app on your Andriod device. App for the App Store is not available yet.

You don’t need collateral to apply for a loan on Aella Credit.

5. QuickCheck Loan App

Quickcheck loan app

In just three steps, QuickCheck offers quick loans in Nigeria. The app uses machine learning to decide if you qualify for a loan.

No collateral and no need to queue or wait for long hours to get a loan.

6. C24 Limited

C24 Limited

C24 gives you access to a loan of up to 5 million Naira with a flexible repayment period.

Although I found the interest rate to be slightly higher than its competitors, it still worth it as you get up to 12 months to repay your loan.

Businesses and Individual can apply for it and you also have the chance to get a quick loan for any emergency.

7. GroFin


GroFin loan platform is mainly for entrepreneurs. Whether you’re an established business or a startup, GroFin is for you.

Also, GroFin does more than just give out loans, they provide the support you need to scale up your business.

If you’re also looking for a business partner with the financial means to start or grow your business then the platform is just for you.

Check it out if you’re serious about your business.

8. Branch Loan App

Branch Loan App

Branch is another mobile app loan platform that offers quick loans in Nigeria.

You can get up to 200,000 Naira loan with flexible repayment option.

9. Lidya

Lidya provides loans for businesses only. If you’re an individual looking for a loan option then Lidya is not for you.

In just 24 hours, you’ll get a loan from Lidya if you qualify. Only established businesses can apply and you get a loan depending on the cash flow in your bank account.

10. Zedvance

Zedvance loan

With Zedvance, you can get a quick loan of up to 5 million Naira in just 10 minutes.

Repayment can also be done in 18 months give you more time to repay your loan.

Zedvance currently has two options:

  • A short-term loan which is payable in 15 days
  • Long term loan for salary earner.

11. RenMoney


RenMoney provides loans for both salary earner and business owner.

You can get access to 6 million Naira worth of loan in less than 24 hours. RenMoney has recently improved its disbursing timeframe.

12. Credit Direct Limited

Credit direct limited- quick loans in Nigeria

You can get a quick loan of up to 5 million Naira with Credit Direct Limited which is payable in 12 months.

Credit Direct Limited provides quick loans for an emergency, loans for salary earner and NYSC corps.

13. Fint

Fint provides quick loans in Nigeria through an incredible investors-borrowers scheme.

You can get a loan of 2,000-2 million Naira at a very affordable repayment rate.

Fint has 8 loan type:

  • Asset-Backed
  • Agriculture
  • Automobile
  • Premium Financing
  • Power
  • Guaranteed Loans
  • Employment Model
  • Mobile Money

Each of this loan type has different qualification criteria and interest rate.

14. LMoney

Lmoney loan in nigeria

You can get a loan from N50,000 – N2 million. The process is easy and the interest rate is pretty low compared to others.

The loan is available to salary earners, self-employed and corporate professionals.

15. KiaKia

Kiakia offers both personal and business loan. The loan platform is known as Mr K as offer loan through chatting on the website.

You don’t need any documentation, just answer the questions provided by the chatting robot and get your loan in no time.

Also, repayment is flexible as Mr K tries to work according to your schedule.

16. CreditVille

CreditVille loan nigeria

You can get a loan of N100,000 – N4 million with CreditVille. Both individual and businesses can apply for a loan.

CreditVille also provides Vehicle loan for salary earners and commercial use.

If you want to get a loan to purchase a car which you’ll use for Uber or Taxify then you can apply for a loan.

17. FastCredit


FastCredit offers quick loans in Nigeria of up to N5 million with up to 12 months repayment period.

Only businesses and salary earners qualify to get a from FastCredit.

18. PageFinancials


You can get up to N200,000 – N5 million Naira with flexible repayment period.

No collateral and loan process is pretty straightforward with PageFinancials.

19. PennyLender


PennyLender allows you to get a quick loan in Nigeria from N10,000 – N5million.

You can get personal loan or business loan through the website depending on what you’re looking for.

20. PettyCash

PettyCash loan in nigeria

PettyCash provides loan for federal government staff, entrepreneurs and individual.

You can get a loan from N5,000 – N5 million depending on the type of loan you want to apply for.

Loans are very fast and you don’t need to provide any collateral.


If you’re an entrepreneur looking to grow your business, then it is important for you to build your entrepreneurial mindset.

As for salary earners that want to get a loan to start their own business, you need to know if you will succeed or not.

Which loan platform have you used in the past and which one are you looking forward to, leave a comment below.

Aderemi Dare

Aderemi Dare is a Digital Marketer and provides consultation service to small-mid size business. He also provides quality content for entrepreneurs and bloggers.


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