Capital when you need it
Quick access to working capital based on your transaction history. No collateral required. Decisions in 24 hours.
Calculate Your Loan
₦10M Max loan
24h Approval
3–12 mo Terms
Why SPAY Business?
Same-day approval
Decision within 24 hours. No weeks of waiting for a committee.
Flexible repayment
Choose 3, 6, or 12 month terms that match your cash flow.
No collateral required
Based on your transaction history. Your business performance is your guarantee.
Competitive rates
Transparent pricing with no hidden charges. What you see is what you pay.
What You Need
Simple requirements to get started.
Minimum 3 months transaction history
Based on your SPAY Business account activity
Average monthly volume ₦500K+
Demonstrates business activity
Valid business registration
CAC certificate or equivalent
Bank statements (last 3 months)
From any Nigerian bank
Competitive Interest Rates
Clear repayment terms. Transparent rates. No hidden charges.
| Feature | Standard Bank | SPAY Business |
|---|---|---|
| Account Maintenance | ₦500 - ₦5,000 / month | Free forever |
| Transfers | ₦50+ per transaction | 25 free/month, then ₦10 |
| POS Terminal | ₦50,000+ purchase | Free deployment |
| Settlement | T+1 (Next Day) | Instant (T+0) |
Ready to grow your business?
Apply for a working capital loan and get approved within 24 hours.
Apply for loan