Some people don’t know the first thing about getting a mortgage loan. They hear reports of dropping interest rates and lower home prices and hastily decide to jump into home ownership. But the process of getting a home loan differs from getting a car loan or renting an apartment, and applicants who don’t recognize these key differences are […]

Money 2023 was our fourth full year in the private money/hard money lending business. Last year we originated 165 loans, making our four year total surpass 450 privately-funded loans. There are tremendous opportunities today for private money loan brokers. We found the following disciplines helped tremendously in growing a thriving private lending brokerage. Stay local. […]

From bootstrapping to crowdfunding, here’s how to raise capital for your business. If you want to know how to raise capital for your business, you’re not alone. In 2016, 73% of small businesses used some form of financing. While money doesn’t grow on trees, there are a number of ways you can seek funding for your business […]

FBN Mortgages FBN Mortgages Limited is a leading Primary Mortgage Bank (PMB) with focus on delivering the best mortgage banking services and products that typify the dominance of its parent– First Bank in the financial services industry. As a dedicated provider of a wide range of mortgage and real estate financing solution, FBN Mortgages is in a unique position to […]

It’s true that many Nigerian Small and Medium sized Enterprises (SMEs) are having a hard time starting and growing up their businesses due to the inaccessibility of business funding. The major reason that often kills great business ideas and perhaps the dreams of Nigerian entrepreneurs is their inability to meet the requirements of obtaining a […]

A good business plan is the surest way of even getting your application through the lower level management of a bank. Whilst the people who often review your business plan are not the ones who approve it, their opinion actually does count in the vetting process. Your business plan must sound convincing and not confusing. […]

Many individuals and businesses have great ideas for new and expansionist business ideas, but they are often incapable of turning their ideas into realities. The major reason which often kills the dreams of Nigerian entrepreneurs is their inability to meet the often stringent requirements of obtaining a bank loan. However, the fact remains that banks […]

Lidya – SME-only digital lender Lidya is one of the leading platforms for small & medium business lending in emerging markets. Launched in November 2016, with a mission to close the credit gap, both in Nigeria and across emerging markets. Businesses who are looking for $500 to $50,000 in working capital can apply online or […]

You’ve used up all of your resources in setting up your business and it is doing okay. But “okay” isn’t what you are going for. You want your business to thrive and you know it needs some extra cash injected into it. Hence, the need for a business loan. You need to know how to […]

Every business at some point in its operating cycle will require some form of finance to pay its short term indebtedness or to fund new projects or business plans, or to acquire operating assets. Individuals at some point in their life may also need bank loans to help fund the purchase of a car, mortgage […]