SME Loan

General SME / Business Loan

Working capital or expansion finance based on your business operations and cash flow.

Choose a product
Choose financing type
3 Loan details
4 Your details

1 Facility request

Requested loan amount

₦

Preferred repayment period

Repayment plan Flexible and full repayment are only available for 3 months or less.

Preferred repayment method

Purpose of the facility

Proposed repayment source e.g. payment on the LPO, collections from customers, monthly sales.

Next, tell us about yourself. You can come back and change the loan details before you submit.

Choose a different financing type

2 Business information

Business / company name

CAC / business registration number (optional) RC or BN number, if registered.

Type of business

Nature of business

Business sector / industry

Business address / location

Length of time in operation

Number of employees (optional)

Turnover

₦

Turnover period

Does the business have existing loans or obligations?

No Yes

Total monthly repayment on existing business obligations

₦

Lender(s) (optional)

3 Promoter / director details

The principal owner or director applying on behalf of the business.

Full name of promoter / director

Phone number

Email address

Residential address

NIN Your 11-digit National Identification Number.

BVN Your 11-digit Bank Verification Number. Dial *565*0# to retrieve it.

Position within the business

Ownership / shareholding (%) (optional)

Other directors / partners (optional) Names of other directors or partners, where applicable.

4 Guarantor

Someone who knows you well and will stand as surety. We will email them to confirm.

Guarantor's full name

Guarantor's phone number

Guarantor's email address

Relationship to you

Guarantor's address

Guarantor's occupation / place of work

Guarantor's BVN (optional) Optional - can be provided during verification.

5 Account for disbursement

Where the loan should be paid if approved.

Bank

Account number

Account name

6 Before you submit

How did you hear about us? (optional)

I confirm the information in this application is true and complete. I authorise Thrivest to verify my identity (including my BVN and NIN), contact my employer, guarantor or referees where applicable, and obtain credit reports for this application, in line with the Terms & Conditions and Privacy Policy.

Submitting does not commit you to a loan. You will receive an offer to accept only if your application is approved.

Estimate

Loan amount-

Repayment period-

Est. monthly repayment-

Est. total repayment-

Processing fee (after approval)-

An estimate only, based on the repayment plan you choose. Your final terms are confirmed in your offer letter if approved.

Key terms

Loan amount: Any amount we approve
Repayment period: 1 to 12 months
How you repay: Equal monthly instalments. Loans of up to 3 months can instead pay interest monthly with the loan amount in the final month, or pay everything in the final month.
Interest: Charged monthly on the amount you borrow. You see the total to repay before you apply, and it is confirmed in your offer letter.
Processing fee: A one-off fee, paid online once your loan is approved. The amount in naira is shown on your application and on your offer letter.
Late payment: 2.5% of the unpaid amount for every full week it stays overdue, starting one week after the due date.
Early repayment: You can repay early at any time. There is no discount for repaying early.

What you will need

Your BVN and NIN, and your bank account details. Documents are optional now - we will ask for anything else during verification.