2 Major Types of Loans in Nigeria

Loan application process infomedia nigeeria

You’ve heard about the soft and collateral-free loan, SME, housing, car, and all kinds of funding for personal and corporate use?

Usually, all kinds of funding fall into two major types of loans. Whether the funding is from the government, non-governmental organisation, or from a financial institution, they could be categorised as: read more

13 Eligibility Requirements To Get Loans In Nigeria

SMEs Nigeria infomediaNG

There are several loans you can access in Nigeria. But lenders or banks would make sure that you have verifiable data.

This isn’t peculiar to only Nigeria, but it’s a normal standard in every part of the World. Apart from verifying you also known as knowing Your Customer (KYC) in the business world, banks want to ensure that the loan is used or the purpose it is meant. read more

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