Frequently asked questions
General
We are an alternative Lending platform that provides everyone an opportunity to earn returns and make
impact by lending to verified individuals and businesses who require financing.
We aggregate alternative Lending opportunities from reputable partners across different industries
such as agriculture, power, personal loans, employment loans, insurance and more for users on our platform.
Lending always have some form of risk inherent, on the FINT platform there are varying levels of risk for the different Lending categories.
We provide a detailed explanation of the risk involved and how we have minimised it while designing the product. Insurance is one of the ways we have tried to curb risk on our products.
Yes, we currently operate with the state Money Lenders License and are regulated by their guidelines.
We welcome partners across various sectors of the economy seeking opportunities to scale or add value through affordable credit.
Please click HERE to sign up as a business partner.
Lending
Each product is structured differently, some products are guaranteed by insurance, while others have other
forms of guarantee. It is clearly stated on each product if there’s a guarantee on the Lending or not.
Look out for the ★ on the product display to know it is guaranteed.
All Lending products on our platform have very minimal risk
This is really dependent on your Lending goal. There are Lending opportunities that pay principal and
interest monthly or at the end of the tenure while some pay interest upfront and principal at the end.
We recommend you visit the page for each sector to understand the opportunity available,
how the interest is earned and how the risks have been mitigated.
The interest rates vary based on the product type and the sector you lend in. The rates are clearly provided on each product in the Lending portal.
There are Lending opportunities as low as ₦ 4,750 per unit.
The returns for each Lending opportunity varies, we however ensure that all products deliver returns
above the prevalent inflation rate. You can check the specific interest rates on the lend tab of your
Dashboard as a Lender.
Payouts are automatically sent to your Wallet. We will notify you via email immediately, so you can
decide to withdraw to your registered bank account or lend in a new product.
Yes, we currently accept Lending from outside Nigeria, please contact our support team
HERE for more details.
Lending products vary based on the category and the company, it can be as short as 2 week or as long
as 6 months.
You currently cannot liquidate an Lending till its maturity date.
We’re located in Ikoyi, Lagos.
Borrowing
Salary earning individuals resident in Lagos can access affordable credit on FINT by visiting www.borrow.fint.ng while institutions can access credit from different categories by visiting www.fint.ng/b2b .
Registered business owners now have the opportunity to access inventory finance on FINT, please visit HERE
As an individual you can get a loan by getting your company to sign up for the Payday loans product or by accessing a loan through
the companies we’ve partnered with across different sectors. Please click HERE to get your employer signed up
Individuals can borrow from as low as N20,000 to as much as N1 million while a business can borrow up to N 20 million.