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Loans

Loans

Get smart and helpful tips on loans in Nigeria. Learn about loan comparison, how to apply for different loans, and tips to payback your loans in Nigeria.

Sole Proprietorship vs Partnership: How to Choose the Right One cover

Sole Proprietorship vs Partnership: How to Choose the Right One

Deciding on the most suitable business structure is one of the most critical choices entrepreneurs make when starting a business. The options typically boil down to sole proprietorship, partnership, corporation or limited liability company (LLC). Each has its own advantages and disadvantages relating to ownership, liability, taxes, profit-sharing and raising capital. In this blog post, …

Sole Proprietorship vs Partnership: How to Choose the Right One

Top 10 Personal Loans in Nigeria cover

Top 10 Personal Loans in Nigeria

The financial landscape in Nigeria is rapidly evolving. With a large unbanked population and increasing smartphone penetration, there is a growing demand for quick and easy access to loans. As a result, digital lending via mobile apps has exploded in recent years. This blog post will guide you through the top 10 personal loans in …

Top 10 Personal Loans in Nigeria

How to Get a Loan in Nigeria cover

How to Get a Loan in Nigeria

In today's dynamic Nigerian economy, accessing the right financial support can be a game-changer. Whether you're nurturing a budding business, seeking to further your education, or simply bridging a temporary gap, a loan can be a powerful tool to propel you forward. But with a diverse range of options available, navigating the loan landscape can …

How to Get a Loan in Nigeria

6 Ways to Build a Strong Financial Record for Your SME cover

6 Ways to Build a Strong Financial Record for Your SME

Businesses have a responsibility to be financially accountable to their stakeholders but how do you build a strong financial record for your SME? Financial records are comprehensive documentation of a business's financial transactions, activities, and positions. Maintaining accurate and organised financial records is essential for effective business management, compliance with regulations, and informed decision-making. Transparent …

6 Ways to Build a Strong Financial Record for Your SME

Top 10 Small Scale Businesses You Can Start With Low Capital cover

Top 10 Small Scale Businesses You Can Start With Low Capital

Introduction The Nigerian economy has faced significant challenges in recent years, with high unemployment rates and difficult economic conditions for many citizens. In this climate, small-scale businesses have become an increasingly important source of income and economic growth. This blog post aims to provide aspiring entrepreneurs and small business owners with insightful and practical ideas …

Top 10 Small Scale Businesses You Can Start With Low Capital

8 Online Platforms that Grant Quick Loans to SMEs cover

8 Online Platforms that Grant Quick Loans to SMEs

Access to finance remains one of the biggest obstacles for small and medium enterprises (SMEs) in Nigeria to start and grow their businesses. However, the fintech revolution has paved the way for online lending platforms catering specifically to SME borrowing needs. These platforms provide quick, convenient loans with minimal documents leveraging technology and alternative data. …

8 Online Platforms that Grant Quick Loans to SMEs

Financing Options for SMEs in Nigeria cover

Financing Options for SMEs in Nigeria

Access to financing remains one of the biggest challenges facing small and medium-sized enterprises (SMEs) in Nigeria today. Despite governmental initiatives and schemes to support SMEs, many entrepreneurs still struggle to secure SME funding in Nigeria. However, while the financing landscape may seem restrictive, diverse funding options are available for savvy Nigerian entrepreneurs who invest …

Financing Options for SMEs in Nigeria

New Product Announcement: FCMB EasyLift Loan cover

New Product Announcement: FCMB EasyLift Loan

As part of nairaCompare's commitment to empowering Nigerian businesses with the information and tools they need to succeed, we are thrilled to announce the addition of the FCMB EasyLift Loan to our platform! This innovative loan product from First City Monument Bank (FCMB) is designed to provide Micro, Small and Medium-Sized Enterprises (MSMEs) with access …

New Product Announcement: FCMB EasyLift Loan

Business Loan Requirements: What You Need to Qualify cover

Business Loan Requirements: What You Need to Qualify

Choosing the right type of business loan and understanding its requirements are essential for leveraging financing effectively. Business loans are financial instruments designed to provide funding to businesses for various purposes, such as expansion, working capital, equipment purchase, or debt consolidation. These loans are essential for businesses that may not have sufficient internal funds to …

Business Loan Requirements: What You Need to Qualify

Borrow money online when you need it, at a rate you can afford!

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