HOW TO GET A BUSINESS LOAN WITHOUT COLLATERAL QUICKLY in Nigeria 2024

All Loans
2 followers
Sep 19, 2024
Many years ago in Nigeria you would need to have collateral or a lot of money in order to access
loans as a business owner but right now I can tell you that there are many companies willing
to give you loans to start a business in Nigeria without even collateral.
Hi guys welcome back to my YouTube channel my name is Susan.
On this channel I talk about different ways to make money online and offline
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There are many loan companies that are willing to give you loans to start
up your small business or to grow a business.
Many of you have been asking me for business loans business loans business loans
and I have made a lot of videos concerning business loans.
You might want to go and check them out but because you guys are so eager to get this video
I am here I did a lot of research and I came with this I came up with these
really popular loan companies that are willing to give you loans up to 10 million Naira.
So I advise you to watch this video to the end and if you have any more questions let me know
in the comment section if you need any assistance from these loan companies that I will be showing
you on my laptop screen please access them from their website or you call them on their
customer care lines they are willing to help you like they're always there they are it's their job
to help you so please watch this video to the end and let me know what you think about it on
the comment section.
Yes guys the first on my list is Lendigo.
I have just two companies I want to show you guys and the first is Lendigo.
So you can see Lendigo gives loans to SMEs from 100,000 Naira without collateral.
So when you come down here you can see that they've given loans 6 billion Naira plus loans
that have been disbursed and they've given total people that have applied for these loans is up to
like 2,500,000 people then 2,000 plus SMEs are counting as you receive the loans.
So you can get loans up to 10 million Naira with low interest rates and when you apply in minutes
your loan will be approved as long as you meet their terms and conditions or their requirements
or you you meet their eligibility so their loan terms are flexible so this company is quite
popular they are the number one SME finance providers in Nigeria right now so this is
reason why you should check them out and when you come down here you can see they give different
loans to different business owners from POS owners to e-commerce merchants to small business owners
to distributors and also car dealers so if you read you see that even there's no no matter the
small your business is you are eligible to apply you can see um electronic um those um business
owners that own electronic shop computer shop phone shops fashion and apparel household goods
among others then e-commerce merchants those merchants that sell on Jumia as
are lighted here you are eligible to apply then distributors you are eligible to apply
then POS merchants are also eligible eligible to apply if you're a small POS owner and your POS
business or whatever is not recognized by CAC please don't come to my comment section and say
this would not give me loan you have to be recognized by CAC that is a business has to be
recognized and registered by CAC then your auto dealers you are eligible to apply so if you meet
all this and you still want to apply you can come over here and click on learn more if you want to
learn more then if you want to apply you just type the amount of money you want to apply and click on
apply their loan um their customer service will reach out to you then you can go from there with
so now the next on my list is Baoba loan I've spoken about this company and I created
two videos from this company on two different type of loans that they offer so from here I
I opened I created a topic on Taka loan Baoba loans so if you've not checked them out you
should go and check them out now we are talking about the Baoba business loans so the Baoba loans
are very very very very popular and they offer products like loan amount loans to micro plus
loans they are they offer SME loan guarantee loan um building loan and SME loans so if you come here
you see the micro plus loan they give loans from 1 million naira to 2 million naira from 6 months
to 18 months accessible to business owners then the SME loan this one they give loans from 1
million naira to 150,000 150 million naira from 6 months to 18 months which is accessible to business
owners as well then in guarantee loan 50,000 to 50 million naira from 6 months which is also
accessible to business owners and they give building loans from 1 million to 150 million
naira from 18 months to 6 months 18 months business owners as well likewise the SME loans
and they are all um business owners um for business owners the SME loans they have from
6 months to 24 months which is accessible to existing customers and business owners
so as a customer in Baoba bank you are eligible to apply for these loans so when you come here
you see their form you can fill their form and submit it their customer care service will reach
out to you which is what they said here the application form over here you fill it and
submit it the KYC is basic which is just your basic information the amount you intend to borrow
where you got the loan information from which is online and yeah you fill everything you click on
then they will call you as soon as you submit and you will request for you to visit their branch
which should be the nearest close to you and mind you guys you can only apply for this loan
if their branch is located where your business is I don't know if you understand if you live in
Lagos and your business is in Lagos and their branch which is obviously in Lagos you are
eligible to apply because you can easily walk up to their branch to pick up your application form
but if you're in an area where their business their company is not located you cannot apply
so for their company you have to open an account and that accounts will they will credit the money
you have applied into the accounts open on their branch so if you come here you see the list of
places where their company is located which is in Anambra, Lagos, Oyokwara, Kaduna, Kogi, Rivers,
Plateau, Abia, Nyingya, Ogun, Ogun State and Abuja so they are in a lot of places and with time
they will get to more states in 12 states right now so with time they will get to more states
so this is everything about this video if you've watched this point thank you so much
please do not forget to subscribe to this youtube channel and give this video a thumbs up
if you gain value in this video let me know if you have successfully received loan from
any company that I have put up here thank you guys for watching and have a nice day bye
