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Getting A Loan Without Collateral? - Business - Nairaland

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Seven Places (not Bank) Where You Will Get Loan Without Collateral In Nigeria / Which Bank Can I Get Loan Without Stress / How Do I Get A Loan Without Collateral? (2) (3) (4)

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Getting A Loan Without Collateral? by amaratex: 6:04pm On May 04, 2007
Is there any way someone can get a loan without collateral in Nigeria?.
Re: Getting A Loan Without Collateral? by Nobody: 7:08pm On May 04, 2007
Re: Getting A Loan Without Collateral? by Bulga(m): 8:07pm On May 04, 2007
@ Eyimofe89
I looked at the http://www.ambcnigeria.com, the website looks fishy. It doesn't have an identifiable physical address. You know a lot of things are happening on the Internet. Please post their office address here. I would like to confirm whether the business is 419 or not through EFCC. Once again, please post their address.

Just check the website of EFCC (http://www.efccnigeria.org), you will see that the address of their offices can easily be found on the website. That is how it should be.
Re: Getting A Loan Without Collateral? by akara(m): 8:36pm On May 04, 2007
http://www.ambcnigeria.com - Interesting network but with lots of questions i d like to ask.

the easiest way is to get an overdraft from ur bank ie if you are gainfully employed.
Re: Getting A Loan Without Collateral? by rikkyjen(m): 9:25pm On May 04, 2007
Why would you get a loan without a collateral? where on this earth do they do that? Not even in the US where your credit history is valuable than any collateral you have!
Re: Getting A Loan Without Collateral? by Nobody: 9:42pm On May 04, 2007
yeah its done even in the US. its called venture capitalism

@ akara

the amount of overdraft you are entitled to is proportional to the size of your salary. which limits ur ambit severely even if u are 'gainfully employed'
Re: Getting A Loan Without Collateral? by Seun(m): 11:53pm On May 04, 2007
That is why you should read the bootstrapper's guide and plan your business according to your capital!
Re: Getting A Loan Without Collateral? by dela(m): 3:00pm On May 05, 2007
Always plan your business according tp your capital.At times we dont need a billionare before you launch.Just an advice.
Re: Getting A Loan Without Collateral? by Agboola1(m): 8:17pm On May 05, 2007
tough getting support on business capital. plan your business within your capital and follow its pace. if you beleive in the dream it will grow
Re: Getting A Loan Without Collateral? by Nobody: 8:13am On May 06, 2007
i am not recommending them i just came across the site during one of my research and it looked interesting i tried to contact
them but nothing more came out of it i just wanted other peoples opinion about this
Re: Getting A Loan Without Collateral? by FLT123(m): 12:34pm On May 06, 2007

Venture Capitalism (VC) is NOT fund without collateral. VCs look for opportunities (new or established) and if they think it is a good opportunity then invest in it and they use what you call term paper to address the contract. The contract limits what you can do, how much you must make and their cut in the business. Their collateral is the future cash flow (FCF) expected in the business.
Re: Getting A Loan Without Collateral? by afolayangs(m): 1:59pm On May 07, 2007
Try one of these micro-finance banks. For more information [[contact me]].
Re: Getting A Loan Without Collateral? by Freekeezee(m): 1:37pm On May 08, 2007
It really depends exactly what you need the loan for.Eventually no financial house would give you a loan without knowing what you need it for.
So,if it is for property acquisition,home options,Education etc,I think Intercontinental Bank does that now,but first you must be working or be self employed with a verifiable business cash flows. Just visit their website or any nearest branch of the bank for more information.

Re: Getting A Loan Without Collateral? by rocksteady: 6:06pm On May 09, 2007
try UBA "no wahala loan". u have 2 b gainfully employd 4 @ least 6 months with a salary account in UBA 4 @ least 3 months. tenure is 12 months.
Re: Getting A Loan Without Collateral? by elmonks(m): 3:42pm On May 15, 2007
i simply dont tink deres any financial institution in d world u culd obtain a loan witout a collateral,y shuld dere b an advance witout a security.even in d so called project financing, these institutions use the expected proceeds 4rm the project as its collaterals.
Re: Getting A Loan Without Collateral? by ppanther(m): 1:32pm On Mar 26, 2008

That is why you should read the bootstrapper's guide and plan your business according to your capital!


I really appreciate the link to the Bootstrapper's Bible.

Re: Getting A Loan Without Collateral? by yemisolar(m): 11:36pm On Aug 04, 2010
if you have a small business (or you know someone who does) and needs #50-100,000 to start or grow it. you can send me a mail at pettral@yahoo.com. we only have fifty slots this month.

this is strictly for those who are operating small business because the idea is not just to lend money but to develop small businesses
Re: Getting A Loan Without Collateral? by eraisefund: 7:11am On May 03, 2012
Here in Nigeria, there are various ways of
sourcing for funds with or without collateral,
whether you are gainfully employed or not, you
can have access to loan of any amount without

This is a matter of meeting the right corporate
financial institution, private money lenders,etc
There are some investors that are purely into this,
but if you don't know them, you may be thinking it
is not possible, but to be frank with you it is possible
and legal.

Right now i conducted a field research on this and i discovered
the following

1.♦ Step by step guide on how to raise money to finance any business of your choice.

♦ How to overcome the issue of collateral if you don’t have anyone
♦ The secrets of raising fund to start transportation business
♦ The techniques of raising money to build your dream home
♦ How to raise money to meet emergency expenses
♦ Tricks of knowing how good character can replace collateral
♦ How to use insurance certificate to raise money
♦ The list and contact of instant private loan providers
♦ How to obtain naira credit card
♦ The list of sure banks that grant loan without any delay
♦ The secrets of writing an irresistible business plan

Before you embark on any thing in this life, you first of all
need to invest in education, once you know how to go about
anything,doing it will be as simple as ABC.

There are many ways and many sources of raising fund, don't
limit yourself to a single company with any tough conditions.
That is the reason why i said you just need to know how to go
about it first to avoid wasting your time, energy and resources.

In fact i have done all this for you, all you need is to leverage
on this already prepared research work so as to quickly achieve your

Note: I'm not begging anybody to get my loan research work, i did it
for the benefit of those who might need the technical know-how of
various ways of raising money to start their new business,to enhance
the existing business, to finance any profitable project or contract,
to acquire landed property, to finance any business of your choice.

You can see this is more than a mere manual or any lousy report that
you see around.The content will really convince you and i also have
the following bonuses for those who may need this research work.
1. Business Plan Template
2. Goal Setting and Achievement template
3. 101 Tips For Overcoming Procrastination

Be prepare to invest token to get this.
If you are interested in this Easy loan research package
contact me on 07055145349.
Re: Getting A Loan Without Collateral? by ekehopp: 4:32pm On Feb 05, 2020

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