Compare personal loans

Real rates from banks and fintechs. Compared side by side, no affiliate bias.

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UBA

UBA Personal Loan

APR 28.5–32.0%
Amount
₦200k
Term
6–60 months
Approval
Bank review and disbursement to salary account

Best for: This loan is ideal for individuals with strong credit who need quick access to funds for personal expenses.

Zenith Bank

Zenith Bank Business Loan

APR
Amount
₦1M
Term
12–60 months
Approval
1-2 weeks

Best for: Established Nigerian businesses with solid financial records looking for substantial funding.

Kuda

Kuda Bank Overdraft

APR 30.0–108.0%
Amount
₦5k–₦250k
Term
1–12 months
Approval
minutes

Best for: This service is best for individuals building their credit and seeking quick access to funds without lengthy approval processes.

Stanbic IBTC Bank

Stanbic IBTC Business Loan

APR
Amount
₦1M
Term
12–60 months
Approval
1-2 weeks

Best for: Nigerian entrepreneurs with existing Stanbic IBTC accounts seeking substantial working capital or trade finance.

QuickCheck

QuickCheck Personal Loan

APR 60.0%
Amount
₦1.5k–₦1M
Term
1–12 months
Approval
5 minutes

Best for: This loan is ideal for individuals looking for quick financing solutions without extensive documentation, especially those building credit.

Guaranty Trust Bank

GTBank Business Loan

APR
Amount
₦1M
Term
12–60 months
Approval
1-2 weeks

Best for: Established Nigerian businesses with a solid trading history seeking significant funding for expansion.

First Bank of Nigeria

First Bank of Nigeria Personal Loan

APR 20.0–28.0%
Amount
₦200k
Term
6–60 months
Approval
bank review and disbursement to salary account

Best for: This loan is best for individuals with a high credit rating looking to fund personal projects or consolidate debt over an extended period, benefiting from competitive rates.

First Bank of Nigeria

First Bank SME Business Loan

APR
Amount
₦500k
Term
12–60 months
Approval
1-2 weeks

Best for: Established businesses with a good credit history looking for significant financial support.

Stanbic IBTC

Stanbic IBTC Personal Loan

APR 48.0%
Amount
₦100k
Term
6–24 months
Approval
instant approval

Best for: This loan is best for individuals looking for quick access to funds with the ability to choose repayment terms that fit their budget.

Lidya

Lidya Business Loan

APR
Amount
₦150k
Term
1–12 months
Approval
24-48 hours

Best for: Established Nigerian businesses seeking quick funding for operational expenses or expansion.

GTBank

GTBank Salary Advance Personal Loan

APR 35.4%
Amount
₦5k–₦5M
Term
1–12 months
Approval
instant

Best for: This loan is ideal for salary earners looking for quick access to funds, particularly in emergencies or for unexpected expenses.

FairMoney

FairMoney Personal Loan

APR 24–456%
Amount
₦1.5k–₦5M
Term
1–36 months
Approval
5 minutes

Best for: This loan is best for individuals looking to build their credit scores while needing immediate access to funds. It's particularly suitable for those with a developing credit history.

United Bank for Africa

UBA SME Business Loan

APR
Amount
₦500k
Term
12–60 months
Approval
1-2 weeks

Best for: Nigerian small to medium enterprises with solid financial projections and collateral who need significant funding for growth.

Renmoney

Renmoney Personal Loan

APR 25.44–31.8%
Amount
₦50k
Term
3–24 months
Approval
fast app-based approval

Best for: This service is best for individuals or small businesses looking to build their credit while accessing loans online through an app or website.

Branch

Branch Personal Loan

APR 36.0–99.0%
Amount
₦6k–₦1M
Term
4–52 months
Approval
minutes to 24 hours

Best for: This service is best for individuals with limited access to traditional banking who need immediate financial assistance without extensive paperwork.

Carbon

Carbon Personal Loan

APR 54–195%
Amount
₦2.5k–₦1M
Term
2–12 months
Approval
minutes

Best for: This loan is best for those looking to build their credit score while accessing up to NGN 1,000,000 instantly via a mobile app.