Apply online for a business loan without going to a physical bank and forget about unnecessary documents.
Make a non-binding credit request in less than 10 minutes and get a credit decision within 48h.
Benefit from SME loans with flexible terms, free early repayment and without any collateral.
Set up an account with LENDIGO in minutes – easy, without obligation and for free – to access the fastest business loan in Nigeria.
Apply with your business information and supportive documents and receive a non binding SME credit proposal within 48h.
Receive the loan directly and instantly into your account after loan approval and acceptance of the loan offer.
Our financial tech products are backed by big data and machine learning. This enables us to provide the right loans to each individual business without cumbersome documentations.
Traditional invoice discounting frees up working capital for SMEs by leveraging account receivables as invoices to get a quick loan to bridge the gap until the next payment.
Our innovative distributor finance model offers working capital injections along the supply chain of fast moving consumer good distributors.
Online sellers with our partner platforms are qualified to request a loan to stock up their inventory and boost their sales on the platform.
We were founded back in 2016 as invoizPAID in Lagos, Nigeria and transitioned in 2019 to LENDIGO. Our strong footprint and traction in the market is a result of our motivation, ambition and discipline to reach our high targets.
in loans disbursed
LENDIGO has helped my business improve its liquidity and also enabled us to unlock cash from our invoices.
I find LENDIGO very efficient. Their funding has helped me to stock up my inventory. I would definitely recommend LENDIGO to other business owners.
LENDIGO has helped build a smooth sustainable working relationship with our suppliers.
Fast processing time and short decision making
No collateral or cumbersome paperwork
No brick and mortar hence good rates
Full overview of all costs immediately and up front
Early repayment at any time without additional costs
Alternative financing independent of current loans
Long decision-making process up to several months
Cumbersome paperwork and processes
Unfavourable interest rates for SMEs
Complicated terms and conditions with hidden costs
With early repayment usually high fees involved
Loans often in combination with other products
● Favorable: We concentrate on the essentials and don’t have branches. Therefore, from these savings, you profit as a borrower in the form of favorable interest and fees.
● Fast: Clear processes and fast feedback are particularly important to us. We clearly designate the necessary documents and provide you within 48 hours with an offer. So nothing stands in the way of a quick completion.
● Flexible: With LENDIGO you have a competent partner for your corporate financing, quite apart from your commercial bank. We do not require any typical banking collateral from your company. In addition, you are completely flexible in the design of your financing. Early repayments are possible at any time free of charge.
● You can register for free with LENDIGO and apply for a loan. There are no additional fees for you, if you take the loan, only the agreed interest and processing fee. Early repayments are also free and can be made anytime.
● Our monthly interest fees start from 2.0% and our processing fees from 0.5%. Our rates are very competitive as micro-finance banks charge from 5.0% and our competitor's charges between 7.0-13.0% monthly.
● We offer short-term loans up to a maximum of 6 months. A loan tenor up to 12 months can be approved but this is subject to approval and based on additional criteria.
● Once we have received your complete documents, we will review them within 48 hours and make you a loan proposal. If you agree to our financing proposal, your loan amount can be financed and paid within an average of one week. Therefore, the faster you provide us with the necessary documents, the faster the application process runs.
● Your personal data will always be treated with due discretion. All transactions and data are subject to high security standards. Data is transmitted SSL-encrypted and is not visible to third parties. The correct handling of the data of our customers is monitored by the independent, external data protection service provider.
● Apply fully online and request your loan. You will immediately receive all further information by e-mail. Shortly thereafter, we will contact you by phone and discuss all necessary documents and further steps.
● Our credit experts check your documents and carry out a free credit check. Within 48 hours of receiving your documents, you will receive a credit decision from us.
● Once we have agreed to our financing proposal and all contracts have been concluded, the loan amount will be transferred to your business account.