Zedvance Finance

Zedvance Finance is a leading consumer finance company, committed to providing lending services in the most efficient and convenient manner through best practices. Zedvance is a subsidiary of new-age financial solutions powerhouse, Zedcrest Group. The company serves over 1 million Nigerians through different self-service digital channels including USSD, mobile app, web app, WhatsApp bot and sales agents. Since commencing operations in March 2014, Zedvance has been at the forefront of driving financial inclusion in Nigeria, by bridging access to credit for both salary earners and non-salary earners, and promoting responsible lending through financial education. Zedvance is licensed by the Central Bank of Nigeria (CBN).

Benefits 

Competitive Interest Rates: Zedvance offers competitive interest rates on its loans, making it an affordable option for customers who need access to funds.

No Collateral Required: Unlike traditional lenders, Zedvance does not require you to provide collateral to secure a loan. This makes it easier for you to access funds, especially if you do not have assets to pledge as collateral. 

Transparent Process: Zedvance has a transparent loan application process, providing customers with clear information on loan terms, interest rates, and fees. This helps you to make informed decisions and avoid surprises. 

Fast Disbursement: With Zedvance, you can receive funds quickly and easily. The company's digital lending platform enables you to apply for loans and receive funds within 24 hours of approval. 

Flexible Repayment Options: Zedvance offers flexible repayment options. You can choose to repay their loans in weekly or monthly instalments, depending on your financial situation. 

Exclusion List

Zedvance shall NOT lend to employees in the exclusion list

-Unregistered companies

-Companies dealing in illegal activities

-Start-up companies (Exceptions can be raised)

-Loss-making companies (only to be approved exceptionally)

-Companies whose employees are paid based on commission

-Indicted companies

-Companies undergoing investigation by any anti-graft or law enforcement body

-Second-rate NGOs

-Tier 2 and 3 Micro-Finance Companies

Loan Requirements

-Recent Passport Photograph

-1 year bank statement (salary account) 

-Official email 

-Employment Letter 

-Recent Utility bill (not later than 3 months). Tenancy agreement or a rent receipt not later than 6 months, could also be substantial. 

-Valid ID

-Work ID

Read the Zedvance Review here