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Personal Loans Company Investment Opportunity in Lagos, Nigeria

An online lender offering quick, confidential loans against luxury assets without credit checks.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 500 thousand
Run Rate Sales USD 360 thousand
EBITDA Margin 40 %
Industries Personal Loans
Locations  Lagos
Local Time 3:09 AM Africa / Lagos
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 12 million for 30.0% stake (Native Currency: USD 12,000,000)
Reason: Investment funds will be used for increasing our lending portfolio, business expansion to service cl... View More
Includes physical assets worth USD 190 thousand
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Business Overview
Within 3 years of establishment:
- The company has been able to disburse over NGN 750,000,000 in loans with over NGN 200M personally and from investors and partners.
- We collaborate with legal teams and asset appraisal experts to determine the precise value of collateral, including cars, original watches, gold and diamond jewellery.
- Revenue model of 8% monthly interest on every loan disbursed.
- We have the necessary license issued by the Lagos State Government Ministry of Home Affairs to operate the business.
Products & Services Overview
Our lending company offers short-term financing solutions secured by high-value assets. We accept collateral such as luxury watches from renowned brands like Rolex, AP, Patek Philippe, and Richard Mille, gold and diamond jewellery, and cars manufactured between 2011 and 2025 from prestigious brands like Toyota, Mercedes Benz, Land Rover, and Rolls-Royce.
For luxury real estate properties, we provide financing for 30-40% of the property's value, with a maximum loan term of up to 3-6 months. Our standard loan terms range from 1 to 6 months, and we currently serve an exclusive clientele of over 250.
Assets Overview
One Toyota Camry (marketing)
1000 Sqm land for parking.
5KVA Petrol Generator.
3- 1.5HP Inverter AC.
7 Executive Chairs.
8 Office Phones.
8 Office Laptops.
Facilities Overview
Our headquarters is located in Lagos, Nigeria. We operate a rented office space.
Capitalization Overview
Investors and proprietors fund the business.
Investors are paid ROI every quarter.
A 60/40 ratio shares the ownership of 2 brothers.
Recent Activity
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1 Investor contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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