eddiebruk: I doubt you will ever get one from a First Generation bank, best advice is to go through a MFB, but first you must have an account running with them for a period of 6months with concurrent transaction activities on the account, if you are sharp in what you do though, there is a way you can convince them about your proposed business plan so as to cut the long period of account activity shorter than required.

if u are realy serious about d business i think u should start with wat u have at hand i think 6,000,000 is alot of money cut down cost n u will suceed if u do

Read this article, the loan is easy to access and requires NO capital http://wealthmeans..com/2013/06/applying-for-nigerian-agricultural.html

There is no way you can secure a without colleatera. No matter what u must put something down in excess of that loan so no free lunch anywhere. My advice is that yob should seek from a friend or get somebody to partner iu the biz. Wish you luck.

Yes, you can get loan in Nigeria without collateral if you are well connected. Your connection will be your collateral. How connected are you to the power that be? Secondly, my sincere advice, if sincerely you have what you claimed, then you have enough to invest and multiply in several ways. Investing that million wisely will multiply before a year. I use multiply not double. Invest wisely, seek for good investment advice. Nigeria is a goldmine

What kind of business are you investing on?
If it is sme or industry related, go to your nearest bank of industry (BOI) with a detailed business plan. They will find the best way to assist you. In some proposals, they may suggest equity financing which they will be part owners of the business etc. You will need to have account with any commercial bank before they process the loan. They will also disburse d loan via a commercial bank. There rates are also far cheaper than that of commercial banks.

If its Agric you are going into, look for agric banks, I know of one in independence layout in Enugu.

Keep us updated

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Md003......LOL. Funny you

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vivacious vivi: There is one bridge after the Third roundabout on your way to Ijebu Ode.
When you get there, ask for Baba Nla...great babalawo.
He will ensure you get a loan without collateral!
Yeye.
U want to eat dry fish without spitting out bones!

lmao

Hello im wondering if i can get a loan of $5000
without collateral from any one here . i have
very solid business plans which will ensure
that ill pay back the loan with interest. Eze

ceo003: Hello im wondering if i can get a loan of $5000
without collateral from any one here . i have
very solid business plans which will ensure
that ill pay back the loan with interest. Eze

Give me an idea of the SOLID PLAN
I have $5000 if i can get an interest of $2000 over a period of 3 months. no collateral.

I just need to show you to my Otumokpoor for scanning and recognition

Billyonaire:
Banks ? No. Loan Sharks ? Yes.

Loan sharks will give you 5,000,000 with 10% interest per month till repayment date.

Meaning you will be paying 500,000 each month for the 5,000,000 until you are able to pay back the 5m.

No collateral, just recognition.

can I pls get a link to one of those loan sharks please...
I'm currently in the middle of a soup-opera production and in desperate need of 2.8million naira loan...

thanks

waleadex:
Meanwhile,if you don't mind getting it from an individual,I know of a money-lender in Ikorodu who can help you out with favourable term

link me up please...

Pls giv d loan sharks' details.thk u

Need money for important personal projects? Finding it impossible meeting collateral requirements etc to get a loan from your bank? Live and work in the FCT?

Great! Cos, RenMoney, your favourite Consumer Finance MFB is now in Abuja!

Irrespective of whom you bank with, you're eligible for a RenMoney loan backed by your salary alone.

+2347087192622 is the number. We'll be glad to help you out!

Please spread the word to friends and colleagues

Banks ? No. Loan Sharks ? Yes.

Loan sharks will give you 5,000,000 with 10% interest per month till repayment date.

Meaning you will be paying 500,000 each month for the 5,000,000 until you are able to pay back the 5m.

No collateral, just recognition.

Can I please get a contact of any loan shark in Lagos. I am finding it hard to get any. it will be much needed abeg.

waleadex:
Well,I don't know the type of business you are looking at but to me you can start with what you've got,honestly. However,if you have such amount of money(running) with FirstBank you have a chance. I am sure of this with FirstBank because there was a time my account officer offered me such opportuinity but I declined as I didn't need it. Meanwhile,if you don't mind getting it from an individual,I know of a money-lender in Ikorodu who can help you out with favourable terms and conditions.
All the best op!

Hello Mr Waledex please can you link me up with the man at Ikorodu. I really need a business loan. I will be grateful if you can. thanks

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