Zedvance launches new loan product for Nigerians

Zedvance Finance Limited has introduced a new loan product, ExtraCash, to help Nigerians meet urgent personal and business financial needs.

The credit facility, available through the Zedvance mobile app, targets salaried workers, entrepreneurs, creatives and small business owners seeking additional funds to manage unexpected expenses or finance business activities.

The Acting Managing Director of Zedvance Finance, Adegoke Orimolade, said the product was designed to give eligible customers easier access to credit when they need extra financial support.

He said: “We know that life comes with different financial needs, and sometimes, you need a little extra to keep things moving. With ExtraCash, we want to make it easier for eligible Nigerians to access credit when they need it, whether it is for personal expenses, work, or business. It is about giving people more room to handle their needs and pursue their plans. That is what we mean when we say, ‘Show Up Ready with ExtraCash.’”

The company said interested customers could access the product through its mobile app, where they could check eligibility requirements, loan charges and repayment terms.

Zedvance, a subsidiary of Zedcrest Group, said it had supported more than one million Nigerians with retail and business financing since commencing operations in 2014.

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