FortLend

Think quick cash, think FortLend! With Fortlend, you can get instant cash to cater to your needs. All you need to do is download the mobile app, apply for a loan, fill in the necessary information and we will provide the cash you need swiftly!




RATES AND REQUIREMENTS

FortLend offers instant credit for individuals including small business owners, and our loan products range from amounts of N5,000 and up to N100,000 and you can pay back between 60 to 180 days. Our usual repayment period is monthly.



To qualify for our loans however, you must be above 21 years of age and must be employed with a stable income. You may also be required to submit your bank statement and a valid ID.



Our minimum interest rate, which is determined by our credit scoring algorithm, is 3% per month and a maximum of 10% per month. This comes to an Annual Percentage Rate (APR) of 36% to 120%.



FOR EXAMPLE;
If you get a personal loan product of N10,000 to pay back over a 2-months tenor at an interest rate and fees of 3% per month (36% APR), you will be paying back N600 in interest. Making your total Principal + Interest repayment of N10,600 only.



We usually require no collateral or guarantors. However, for loans above certain amounts, we may require additional documentation in order to verify certain criteria.



Nevertheless, our loan application process is very straightforward as all you need is to download our app and apply right from your smartphone!