16 Loan Organizations In Nigeria Without Collateral

Don’t get confused, Loan organizations in Nigeria simply means an entity – such as a company, an institution, or an association – comprising one or more people and having a particular purpose.

Loan organizations in Nigeria
Loan organizations in Nigeria

Now these are loan organizations in Nigeria giving out Instant online urgent loans in Nigeria without collateral. They offer the best payday loans, car / auto loans, emergency online loan in Nigeria, mortgage loans, student loan in minutes etc…..

Top 16 Loan Organizations In Nigeria To Borrow Money Online.

These are companies that grants Instant online loans in Nigeria. So be rest assured whether you are looking for loans in Nigeria without salary account or Loans for unemployed in Nigeria your Loans application will be approved.

• Page Financials

These online loan platform provides upto 5 million naira cash loan anywhere in Nigeria through their website and App, making it one of the best money lending platforms that grants 24hrs loan in Nigeria.

Segun Akintemi is the CEO of Page Financials, a fintech company that provides quick online loans without collaterals. Page Financials is among the 100 fastest-growing SMEs in Nigeria recently selected by BusinessDay for recognition.

Their Head office is located at Ikoyi – 23, Norman Williams Street, S/W Ikoyi, Lagos

• First Bank Loan

According to Wikipedia, First Bank of Nigeria Limited (FirstBank), is a Nigerian multinational bank and financial services provider company headquartered in Lagos Nigeria.

First Bank is a top credit facility and Loan organizations in Nigeria and Africa that offers varieties of Loans and mortgage tailored to provide capital for you to start your new business venture, pay your bills, own your dream home or upgrade your car.

It is the premier bank in West Africa with its impact woven into the fabric of society. First Bank of Nigeria Limited operates as a parent company in Nigeria, with the subsidiaries FBNBank in the Republic of Congo, Ghana, The Gambia, Guinea, Sierra-Leone and Senegal; FBN Bank UK Limited in the United Kingdom with a branch in Paris; FirstBank Representative Office in Beijing to capture trade-related business between geographies.

First Bank also operates First Pension Custodian Nigeria Limited, Nigeria’s foremost pensions custodian. The teeming customers of the FirstBank Group are serviced from a network of over 700 business locations across Africa.

• Central Bank Of Nigeria

The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on July 1, 1959.

The major regulatory objectives of the bank as stated in the CBN Act are to: maintain the external reserves of the country, promote monetary stability and a sound financial environment, and to act as a banker of last resort and financial adviser to the federal government.

• Access Bank Plc

Access Bank plc, commonly known as Access Bank, is a Nigerian multinational commercial bank, owned by Access Bank Group. It is licensed by the Central Bank of Nigeria, the national banking regulator.

As one of the largest bank’s in Nigeria and Africa that provides money lending services, Access bank loan still stands as one of the best bank loans to borrow money from in Nigeria and Africa offering upto N10 million instantly without any paperwork or collateral.

• First City Monument Bank

First City Monument Bank (FCMB) Ltd is a banking group and loan organizations in Nigeria, headquartered in Lagos. As of December 2019, the bank’s total assets were valued at US$4.4 billion (NGN: 1.7 trillion).

FCMB FastCash Loan is a convenient, paperless credit facility with no collateral required for your emergencies and urgent needs. It is an instant online loan in Nigeria and the application is through Fcmb Loan USSD code *329#.

• Sterling Bank Plc

Sterling Bank Plc, which is a full service national commercial bank that is licensed by the Central Bank of Nigeria.

Its shares trade under the Banking sector of the Nigerian Stock Exchange with the symbol STERLNBANK. On Reuters and Bloomberg terminals, it is identified as STERLNB.LG and STERLNBA:NL respectively.

With the Sterling bank specta Loan in Nigeria, you can get access to Instant cash loan of upto N5 million naira in minutes straight to your bank account.

• Uba Bank Plc

United Bank for Africa Plc (UBA) is a Nigerian pan-African financial loan organizations group headquartered in Lagos.

It has subsidiaries in 20 African countries and offices in London, Paris and New York. It is listed as commercial bank by the Central Bank of Nigeria.

The shares of stock of the group are listed on the Nigerian Stock Exchange, where they trade under the symbol: UBA. The Group Chairman of the bank is Tony Elumelu and the GMD/CEO is Kennedy Uzoka.

With the Uba Loan you can cover all your expenses on medical bills, make home improvements, give your side hustle a little boost, pay for a training to improve your self, take that vacation trip with your family and so much more etc.

• BOI Loan Organizations

Bank of Industry Limited (abbreviated as ‘BOI’) is the oldest and largest Development Finance Institution (DFI) currently operating in Nigeria. It is owned by the Ministry of Finance Incorporated (MOFI) Nigeria (94.80%), the Central Bank of Nigeria (CBN) (5.19%) and private shareholders (0.01%). The bank has 11 members on its board and it is chaired by Aliyu Abdulrahman Dikko.

• Zenith Bank Plc

Zenith Bank Plc is a large financial service provider in Nigeria and Anglophone West Africa. It is licensed as a commercial bank by the Central Bank of Nigeria, the national banking regulator. As of 31 December 2019, it holds $16.1bn in total assets, with shareholders’ equity of $854 million.

If you are looking for money to go on a vacation trip, buy your dream car or maybe have an idea that requires huge amount of money, Zenith Bank Loan grants access to Quick Cash Payday Loan for banking and non-bankimg zenith bank user’s.

With zenith bank loan organization group which offers a 24hrs loans in Nigeria with structured credit to meet running cost or lump sum funds for your more audacious plans, zenith bank loans will help you get access to high loan offers of upto N5 million naira without any paperwork or collateral.

• GTB Bank Plc

Guaranty Trust Bank PLC also known as GTBank or simply GTB is a Nigerian multinational financial institution, that offers online/internet banking, retail banking, corporate banking, investment banking and asset management services, with its head office in Victoria Island, Lagos.

The bank and loan organization was formed in 1988 by over 35 young Nigerians in their thirties, spearheaded mostly by Tayo Aderinokun and Fola Adeola, but also included Femi Pedro, Gbolade Osibodu, Femi Akingbe, Akin Opeodu and others.

GTBank offers personal loans which provides you with right to financing your personal needs while guaranteeing you all the security that you are looking for.

You can choose from various wide range of simple and straight forward GTB loan offers for your personal needs and the projects you care about.

• BOA Loan Organizations

Bank of Agriculture is a loan organizations of Nigerian government sponsored bank that provides credit facilities to both small and large scale farmers and small businesses within rural areas.

An outcome of a restructuring of government sponsored microcredit institutions, the bank was formed in 2000 and assumed the assets of the National Agriculture and Cooperative Bank, People’s Bank and the Family Economic Advancement Project

• Fidelity Bank Plc

Fidelity Bank has grown from a marginal player in 1987, into a stable and respectable banking institution. Notably in 2005, Fidelity Bank acquired FSB International Bank Plc (“FSB”) and Manny Bank Plc (“Manny”) to create one of the top 10 Nigerian banks.

In 2011, the Bank was ranked the 7th most capitalized bank in Nigeria, 25th most capitalized bank on the African continent.

Also, following its renewed retail and digital banking drive, Fidelity Bank was ranked the 4th best bank in Nigeria in the retail market segment in the KPMG Banking Industry Customer Satisfaction Survey (BICSS) in 2017.

• Wema Bank

Wema Bank Plc, commonly known as Wema Bank, is a Nigerian commercial bank. It is licensed by the Central Bank of Nigeria; the regulator of the nation’s banking sector. As of 2019, Wema bank operates the largest digital banking system in Nigeria, ALAT By Wema, which is fully in use in all of the nation’s thirty seven states and territory. Wema Bank is one of the fastest growing commercial bank in Nigeria.

• Smedan Loan Organization

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) was established by the SMEDAN Act of 2003 to promote the development of the MSME sector of the Nigeria Economy.

The Agency positions itself as a One Stop Shop for MSME Development. Micro Enterprises are included in the clientele of the Agency since they form the bedrock for SME’s.

SMEDAN loans gives you access to borrow money online, up to N5million with low interest rate, with a maximum repayment tenure of 4 months with no collateral.

core mission of SMEDAN is to promote entrepreneurship spirit among Nigerians and also provide fund’s to start the business in Nigeria and other African countries just like the Lapo SME Loan.

• Zedvance Loan Organizations

Zedvance is a CBN-license financial loan organizations and service provider founded in Nigeria. They give out quick loans to salary earners, self employed, SMEs and entrepreneur’s in Nigeria looking to take their business to the forefront of the market, in the most efficient and convenient manner.

Zedvance is a money lender operating in Lagos state. They provide Cash Loans to individual, groups and offer Point of sale finance for consumer goods and appliances in partnership with retailers across Lagos.

The firm uses risk-based pricing to determine repayment on loans to individuals in paid employment. There are a number of charges to subsequently change the conditions of the loan.

Zedvance is best for those in paid employment that need cash in advance of pay day.

• Jaiz Bank Loan

Jaiz Bank Plc, is a bank in Nigeria operating under Islamic banking principles and is a non-interest bank. It is the first non-interest bank established in Nigeria and is headquartered in Abuja, the capital city of the country.

As of December 2012, the bank was a medium-sized, financial services provider in Nigeria. At that time, the bank’s total assets were valued at US$88.8 million (NGN:14.1 billion), with shareholders’ equity of about US$63.6 million (NGN:10.1 billion).[3] The Bank operates 27 branches and provides regular ATM service as well as online, mobile, and SMS banking services

• Fairmoney Loan

Fairmoney is a licensed online money lender that provides Instant loans in minutes and bill payments in Nigeria.

How To Apply For Fairmoney Loan?

To Apply for fairmoney loan, you need to download their Android loan app from Google playstore, sign up with your phone number and link with your BVN, answer a few question and confirm your identity to receive a loan offer.

If you accept it, you will receive a loan offer within 24hrs straight to your bank account.

• Ecobank Loan

Ecobank, whose official name is Ecobank Transnational Inc. (ETI), is a pan-African banking conglomerate, with banking operations in 36 African countries. It is the leading independent regional banking group in West Africa and Central Africa, serving wholesale and retail customers. It also maintains subsidiaries in Eastern and Southern Africa. ETI has representative offices in Angola, China, Dubai, France, South Africa, and the United Kingdom.

• Branch Loan

Branch makes it easy for people in Nigeria to transfer money for free, get instant loans up to ₦500,000, and enjoy investment yields of 20% per annum. Complete their mobile loan application in seconds and start enjoying superior value.

At the moment, Branch operates in India, Kenya, Tanzania, and Nigeria.

With branch loan app, you can transfer money and pay bills for free, get instant loans up to ₦500,000 without collateral, and enjoy investment yields of 20% per annum.

• Renmoney Limited

Renmoney is a Fintech lending company operating on a microfinance banking license in Lagos, Nigeria.

They provide loans to individuals and small businesses through their website Renmoney.com and has been regulated by CBN, insured by NDIC.

Renmoney Loan offers upto N6 million naira cash loan with a repayment plan of 24 months, depending on your credit score and eligibility.

• Stanbic IBTC Holdings

Stanbic IBTC Holdings, commonly referred to as Stanbic IBTC, is a financial service holding company in Nigeria with subsidiaries in Banking, Stock Brokerage, Investment Advisory, Asset Management, Investor Services, Pension Management, Trustees and life Insurance businesses.

The company’s corporate headquarters, I.B.T.C. Place is situated at Walter Carrington Crescent, Victoria Island, Lagos. Stanbic IBTC Holdings is a member of the Standard Bank Group, a financial services giant based in South Africa. Standard Bank is Africa’s largest banking group ranked by assets and earnings operations in 20 African countries and 13 countries outside Africa

So, Whether you are applying for a loan to grow your small business, rent a house, buy a car, renovate your home, pay your fees, clear your medical bills, These loan organization in Nigeria got you covered.

There are others online loans Like Renmoney in Nigeria which can offer such a great loan amount eg: Rosabon Finance Quick Loan, KiaKia Loan, Nirsal Loan etc…

You can tell us what you think about these Loan organizations in Nigeria in the comments section and please Help us spread the information by sharing this Post to all your social media handles.


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