Our products are tailored for people who have paid employment. However, our policies are flexible where your business need is a concern. We are always ready to talk if you meet our requirement as a business owner.
Our products are tailored for people who have paid employment. However, our policies are flexible where your business need is a concern. We are always ready to talk if you meet our requirement as a business owner.
Cash disbursement is made immediately after the submission of required document. You get to determine the speed! Isn’t that awesome? This means you can get your cash in minutes! Not 6 hours. And definitely not 24 hours.
You can send an email to info@lendoafrica.com or call our customer care line. The number is 08188882974 .
You can also complete our “Contact us ” form and we would get in touch with you in less than 5 minutes.
No. Process is done online.
We are a responsible organization and do not encourage any form of irresponsible charge or lending. You are informed of all applicable charges when you apply for the loan
Of course you can!
We have our head offices located in Lagos but we have representatives in Abuja, Delta, Port Harcourt and Ibadan.
We have our head offices located in Lagos but we have representatives in Abuja, Delta, Port Harcourt and Ibadan.
Yes we do. Our customer service personnel are available 24/7 to answer your inquiries and help with your loan application.
We run a 24 hour operation everyday except Sundays.
Yes we do. Knowing fully well that emergencies can arise where you’d need money immediately and you are already leveraged, we can help pay off your loan and help restructure another payment for you.
Our maximum duration is 12 months
You get cash immediately loan is approved. This is in minutes. Not hours. Not 24 hours. MINUTES!
Repayment dates are structured on a 30-day cycle from the date of disbursement. We make actual payment dates flexible and structured to suit your salary payment and cash flow.
This depends on the type of loan being requested. We can however advance as much a N3M where you fully meet the requirements.
DSR is Debt Service Ratio, and this determines the maximum amount the Company should be exposed to you based on your net monthly income. DIR is Debt to Income Ratio, and it shows the percentage of your monthly income being serviced on debt obligations
We apply reducing balance, lowering the overall effective rate or cost of funds to you.
Our rates are the cheapest in the market, allowing you to repay on reducing balance, reducing the overall effective rate or cost of funds to you.
This is a repayment method where you pay a portion of the principal amount up front, ensuring very minimal interest payment.
No. Only the interest to accrue on the facility as at the intended early repayment or liquidation date is calculated and applied. Meaning, you would only pay the interest accrued as at the intended pay down date.
Upon meeting certain pre-conditions, clients are allowed to restructure their repayments to terms suitable to them and the Company. The Company has to be pre-notified of the intention to restructure and the restructure terms agreed to by both parties.
No. This is highly discouraged by us and the regulatory authorities. Before a new facility is granted, clients are required to liquidate outstanding obligation on running facilities, if any.
A default is recognized when a repayment is left unpaid two days after the due date
Phone Number: +2348188882974
Email Address: info@lendoafrica.com