Loan Sources for Funding Business in Nigeria
One very big challenge for entrepreneurs, innovators or business owners in Nigeria is always associated with the question of how to get loans (capital) for funding of business ventures. As we all already know after conceiving a business idea of interest, the next thing would be to act on it in a pilot-scale and growing the business to mass production scale. The business implementation aspect always requires funding, which may come as loans, grants or venture capital partnerships.
Alternative to Commercial Banks or Banking
Entrepreneurs are always on the lookout on how to get money, loans, grants
Here is a list of Loan Sources for Funding Business in Nigeria. The list is an alternative to getting funding as loans directly from commercial banks.
Sources of Loans for Funding Business in Nigeria
| Business Loan or Grant Organization | Website |
| Tony Elumelu Entrepreneurship Programme (TEEP) | http://tonyelumelufoundation.org |
| Bank of Industry (BOI) | https://www.boi.ng |
| GroFin | http://www.grofin.com/ |
| Africa’s Young Entrepreneurs (A.Y.E) | https://ayeonline.org |
| Lagos State Employment Trust Fund (LSETF) | https://lsetf.ng |
Access Small Loans for Business in Nigeria
| Online Loan Agency | Website |
| Kwikmoney | https://www.kwikmoney.com/about-us/ |
| Fairmoney | https://fairmoney.ng/ |
| Sokoloan | http://www.sokoloan.com |
| Palmcredit | mobile app |
| Branch Nigeria | mobile app |
| KiaKia | https://kiakia.co/ |
| Renmoney | https://onboard.renmoneyng.com |
| Boostcash | https://boostcash.co/nigeria |
| Money Africa | https://www.themoneyafrica.com/ |
| ALAT By Wema | https://www.alat.ng/ |
| Carbon (Paylater) powered by OneFi | https://getcarbon.co/ |
| Aella Credit | https://aellacredit.com |
| QuickCheck | https://quickcheck.ng/ |
| Naira Compare | https://nairacompare.ng/loans |
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