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Lending

Lending

For discerning and financially savvy customers and prospects who desire to take a bit more risk for higher returns, we are happy to share specific customers loan requests on a no-name basis for you to lend directly or join us to co-lend to our customers based on your risk appetite.

Your direct lending or co-lending to our customers will be WITHOUT RECOURSE to Thrive MFB.

If you are interested in direct lending or co-lending with us to any of our customers, please indicate your interest by contacting us us and we will get in touch with you.  

Apply for this loan Calculate repayment
Advised before you apply

Open a Thrive account through the mobile app

Having an account with us makes your loan application seamless to process. No account yet? You can still apply here.

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Product 1

Thrive Instant Credit Line

A secured overdraft for unexpected needs, backed by your Target Savings or Fixed Deposit.

LimitUp to ₦5,000,000
SecurityTarget Savings or Fixed Deposit
InterestStated in your offer
DecisionWithin hours
Product 2

Micro and SME instalment loan

For stock, equipment or a second location, repaid in equal monthly instalments.

Amount₦250,000 to ₦10,000,000
RepaymentUp to 12 months
Processing feeStated in your offer
SecurityCollateral or guarantor

How to apply

  1. 1
    Open an account with us (advised)

    Already a Thrive customer? Skip this step. Otherwise download the app and open a Personal Savings account with your BVN, NIN and a selfie. It takes minutes and starts from ₦10,000.

  2. 2
    Check your numbers

    See your repayment with the loan calculator and whether you qualify with the eligibility check.

  3. 3
    Submit your loan application

    Complete the online application on this site with the documents listed below. Start your application.

  4. 4
    Get your decision

    The Instant Credit Line, secured by your Target Savings or Fixed Deposit, is typically available within hours. Other loans go through credit review and we will give you a timeline when you apply.

Have these ready

  • Bank Verification Number (BVN)
  • National Identification Number (NIN)
  • Recent bank statements (last 6 months)
  • Proof of address (a utility bill not older than 3 months)

Some loans need collateral or a guarantor. We will tell you what applies to you during assessment.

Worked example

What ₦1,000,000 over 6 months looks like

Before any processing fee. Your offer will show the approved rate and fees.

Monthly instalment₦201,667
Total interest₦210,000
Processing feeStated in your offer
Total you repay₦1,210,000
Apply with these numbers Try your own numbers
Lending
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Talk to us today and challenge us to help your business to thrive. +234 (0) 815 060 8627

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