Age prior to this, setting up the fresh label “bank loan in place of guarantee into the Nigeria” will have seemed unbelievably ridiculous. Quick forward to a couple of years after; we can with confidence secure a list of conventional banking institutions when you look at the Nigeria bringing this particular service.
This is certainly during the receipt away from most other mortgage teams inside Nigeria. Such, financial technology organizations take over this new lending community. Frequently, old-fashioned banks enjoys understood the requirement to replace the story.
You will find almost every other postings with the platforms such as Renmoney mortgage, Migo, Specta Financing, Branch Financing, Fint Mortgage, C24 Loan, Fairmoney, and you will Quickteller Loan where you could get a simple on the internet loan when you look at the Nigeria. However for now, we are going to simply concentrate on the ideal banks inside the Nigeria offering financing versus collateral.
1. Earliest Area Memorial Lender [FCMB] Limited
Considered one of the major financial institutions within the Nigeria, FCMB will continue to submit outstanding properties to their consumers. FCMB gets the adopting the fund as opposed to equity: