Speechless advert Ikpeazu advert
quick loan app

By Femi Adeoya

Do you require emergency funds from the top emerging new loan apps in Nigeria without collateral, documentation and with the lowest interest rate and superfast approval in 2023? I will be reviewing a list of 5 out of the best 10 online lending platforms obtainable in Nigeria that can help you meet your urgent cash needs in 2023, either an individual, business owner or self employed.

So sit back and read, and remember that whenever you are in need of fast loan approval for yourself or for your business, this list of the best reputable loan apps in Nigeria for instant approval below will be very helpful for you.

1. Lendigo

Lendigo lending platform prides itself as Nigeria’s No 1 SME Finance Provider. It is regarded as one of the best loan apps in Nigeria for small business instant loans. The lending platform offers Nigerian SMEs easy, fast and flexible access to working capital according to meet their business requirements and suited to their finance needs.

If you are a SMEs that provide Retail and Professional services as well as traders of general merchandise such as Electronics, Computing, Phones, Fashion & Apparel, Household Goods among others, then you can apply for Lendigo loan in minutes and get it processed for you.

2. Migo

Migo (formerly kwikmoney) is a cloud-based lending platform and the 2nd on our list of new loan apps in Nigeria with ow interest and without collateral and documentation. It guarantees quick cash loans.

READ ALSO  Enugu 2023: Gov. Ifeanyi Ugwuanyi, Please Give Us Odengene For The Sustenance Of Your Legacies

The application enables you access to instant loan and if willing, to make purchases from merchants or withdraw cash without the need for a smartphone, point-of-sale hardware or plastic cards.

To get a Migo loan, all you have to do is enter your phone number here. You can also get a Migo loan by dialing *561# for MTN, 9mobile, and Glo or *554*561# for Airtel. From the list, select “Request Loan” to see a list of your customized loan offers.

3. Express Loans

With Express Loans, it might only take a few minutes to apply and receive approval. The cash advance application process is quick and simple – upload National I.D and follow instructions to complete the procedure.

Once the application is approved, money can be instantly transferred to the bank account.

It’s our 3rd pick in our list of new instant loan apps in Nigeria without collateral or documentation in 2023.

4. Fair Credit

Fair Credit is a top selection and one of the best loan apps in Nigeria in 2023. Its loan amounts range between ₦1,500 to ₦1,000,000 with repayment periods from 1 month to 18 months at monthly interest rates from 2.5% to 30% (APRs from 28% to 32%)

Now, the app is more than just a loan app. Fair Credit is owned by a Microfinance bank that is duly licensed by the Central Bank of Nigeria. As such, all your deposits are insured with the Nigeria Deposit Insurance Corporation (NDIC).

READ ALSO  Femi Fani-Kayode; The Naked Masquerade Set For Another Dance Of Shame By Bolaji O. Akinyemi
5. FlashNaira Loan App

FlashNaira is a new digital lending platform and the 5th on our list of new loan apps in Nigeria without for low interest, quick approvals and instant cash in 2023. The lending platform provides Nigerian mobile users with convenient lending services with the claim that users can get qualified loan products which is 100% online process.

Loan application process is absolutely secure and safe. FlashNaira promises that never share customer’s information to anyone without consent.

6. SukFin Loan App — Best for Indirect Lenders

SukFin is another of the new loan apps in Nigeria for 2023. The app provides free and easy way for SMEs in Nigeria, to research and find finance for their businesses.

The organization employs the use of tech and expertise to match SMEs with a variety of lenders — giving access to a number of funding products across Nigeria.

It’s easy to apply and as long as you provide them with requested information — funds can be in your account quickly and instantly.

7. Coolbucks Loan App

Coolbucks is an instant loan app in Nigeria and best for unsecured monthly instalment loans without collateral within minutes of completing your application.

Depending on your profile, Coolbucks can disburse within 5 minutes to 24 hours of completing our application. The platform provides you up to N5,000,000 within minutes.

The platform also offers small ticket loans from N15,000 to low income customers and up to N5,000,000 to high income customers. Borrowers can access loans within 30 minutes maximum.

READ ALSO  Time To Halt Osu Caste System, Obnoxious Widowhood Practices In Igbo Land

Conclusion

Most of the quick loans have zero physical documentation, and no need of collateral and it can be applied online just using your mobile phone. By visiting the official website of the

lender, you will be able to apply for instant cash. You will have to enter your personal and income details for loan processing. The lender might ask you to upload the proofs online for verification, following which your loan will be approved or rejected.

Downloading the mobile app is another easy way to apply for quick loans. You need to
download the app from Google Play Store or App Store and register yourself with your social
media profile or by creating a new profile. After entering basic details such as address, BVN,
NIN, bank details, photograph, etc., upload the valid documents.
It is very instructive to warn users not to patronize fake loan apps that have flooded the
internet in recent times. These ones are in the habit of sending shame and threatening
messages to customers and their contact list. You can read more of their activities here.

Femi Adeoya is the Publisher and CEO of QUICK LOAN ARENA. He writes from Lagos,
Nigeria

LEAVE A REPLY

Please enter your comment!
Please enter your name here