Eazicred provides short-term, unsecured loans to employed individuals and small business owners in Lagos State, Nigeria. Their service offers a streamlined application process and quick disbursement of funds, providing accessible financial assistance to those who qualify.
Funding
Funding not disclosed
Founders
Product
Problem
Many employed individuals and small business owners in Nigeria lack access to quick and flexible financing options to meet their personal or business needs. Traditional lending institutions often have lengthy application processes and stringent requirements, creating barriers for those needing immediate financial assistance. This limited access to capital can hinder personal growth and business expansion opportunities.
Solution
Eazicred is a financial technology company that provides fast and flexible loan products to employed individuals and small to medium-sized businesses. Through a streamlined online application process, Eazicred offers personal loans up to NGN2,000,000 with repayment terms up to 12 months, business loans up to NGN10,000,000, and asset financing options. The company leverages bank-level security measures to protect user data and offers competitive interest rates. Eazicred also provides expert advisory services tailored to SMEs, including business strategy and planning, financial management consulting, operational efficiency improvements, FX brokerage, and business exit and succession planning.
Target Audience
Eazicred primarily serves employed individuals and small to medium-sized business owners in Nigeria seeking accessible and flexible financing solutions. The company also targets investors looking for competitive return on investment opportunities.
Features
- Online loan application with quick approval decisions, often within minutes
- Personal loans up to NGN2,000,000 with flexible repayment periods up to 12 months
- Business loans up to NGN10,000,000 tailored for small to medium-sized businesses
- Asset financing loans with competitive interest rates, using the asset as collateral
- Investment opportunities with annual returns, including a 30% annual investment plan with a minimum investment of NGN1,000,000
- Business strategy and planning services to help SMEs develop actionable growth strategies
- Financial management and consulting services, including accounting software setup and cash flow management
- Operational efficiency consulting to optimize processes and improve supply chain management
- FX brokerage services to provide competitive foreign exchange rates