Get Funding For Your Business In Nigeria Fast
We help you find the best business finance in Nigeria.
With a quick application and fast decision, you can stay focused on your business — while we process your loan. Starting or expanding a business has never been easier.
YOUR LOAN AND FUNDING OPTIONS
Let's Grow Your Business Together!
Working capital
Our lenders offer flexible facilities to aid a company’s everyday operations. These loans are not used to make investments or buy long-term assets — rather they cover short-term needs.
Secured loans
Secure your loan against a business asset or premises, or your personal house or that of a guarantor. Also known as a loan “with collateral”. Due to reduced risk — lenders will often offer low interest rates.
Asset finance
Finance that is secured against an asset of your business — from machinery and equipment to vehicles. Asset finance also lets you obtain assets via lease or hire purchase.
Islamic finance
Islamic finance is a relatively new financial product in Nigeria and it’s growing quickly. This product does not attract any interest — instead, you commit to a profit sharing agreement.
Unsecured loans
LECON Finance are able to source unsecured loans (without collateral) for all businesses and SMEs in Nigeria. We find our customers the best rates and terms — tailored to their specific needs.
Invoice finance
This business finance solution — allows you to immediately free up cash from unpaid invoices and put it right back into your businesses day to day operations.
Startup loans
If you’ve been trading for less than a year — raising the funds needed to develop your business can be difficult. Start-up loans can be used to launch or grow a small business in Nigeria.
Property finance
For property developers, investors or landlords — there’s a range of finance options available — to help you start or finish your next real estate project.
Why Choose Us
Let us now emphasize on the main benefits that customers will get choosing us.
Simple application process
Tailored finance solutions
Money in your bank quickly
What we offer
Business loans and finance solutions — to suit SMEs and larger more established companies. The minimum funding amount is 100,000 Naira.
We find loans for
Businesses of all sizes, anywhere in Nigeria — including Lagos and Abuja. Having a registered company and a business bank account is preferable.
A simple guide to finding the right business loan in Nigeria
1. Tell us how much money you need and what it’s for
2. We’ll match your requirements with our lenders
3. We’ll get your loan approved and your business financed
Let's Grow Your Business Together!
Frequently Asked Questions
How can I get a business loan with LECON Finance?
Our online application can be completed in less than 5 minutes. LECON Finance then matches your requirements with our panel of lenders — to provide you the most suitable funding options and competitive rates. There are no fees for applying and your data will be kept safe and secure.
How much can I borrow with LECON Finance?
A number of different factors affect how much you can get approved for — when applying for a business loan or other financing solution. Each lender has its own process for determining eligibility. Factors such as type of loan and annual company turnover are all considered.
How soon can I get funds with LECON Finance?
Lenders tend to reply quickly, and for those that don’t — we’ll work hard to keep things moving. As long as you provide us with all the relevant documentation — it’s often possible to get funds disbursed in days.
Are loans through LECON Finance expensive?
As there are several different lenders offering business loans — interest rates vary. Applicable interest rates also depend on the business you have — what industry it is in, how long you have been operating for, if you have collateral etc. Having said this, we work with lenders other than commercial banks — so we can often get finance at cheaper rates.
LECON Finance — Every type of finance for every kind of business
We help SMEs in Nigeria find finance — as fast as possible