Auto Finance Loans
from ₦2,000,000 for Auto Dealer Merchants
We understand financing access to capital is critical to operating and growing a successful dealership and so our ‘Auto Dealer Financing’ product aims at to providing flexible & competitive financing plan for automobile dealers like you.
₦2,000,000 - ₦20,000,000
Loan Amount
per invoice and credit line
1%
Processing Fee and Commitment Fee
of loan facility and per invoice
from 4% p.m.
Interest Rate
on borrowed amount
1 - 6 Months
Duration
for borrowed amount
- Must own a car lot.
- Must have a minimum of 10 Vehicles,
- Must have consistent inflow ( 12 months bank statement )
- Clean credit report with any local Credit Bureau
Government-issued means of identification (International Passport, National ID, Driver’s License, Voters ID)
CAC Documents (CAC 2 & 7) (if applicable)
BVN of the business owner
NUBAN cheque (if loan above ₦1,000,000)
Filled direct debit form (REMITA)
Signed Personal Guarantee forms and another Guarantor
Corporate guarantee through Board Resolution (if LTD Company)
What Our Customers Say
Helping Small Businesses Grow
I really like Lendigo’s speed and customer service. I was a bit hesitant to apply at first, but once I spoke to them, I quickly realized their terms
were just right for my business. Got the loan fast!
I can boldly say that Lendigo is one of the fastest, trusted and prompt Lenders in Nigeria today. Their interest rates are favourable and are always looking for how best to support my business.
Lendigo has really helped my business grow to a trusted e-commerce platform most FMCG companies want to work with. I truly appreciate the support I get from the Lendigo team.
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