Fuel your business expansion with our specialized business loans. Get the funding you need for equipment purchase, business expansion, inventory management, and working capital needs.
Apply NowDesigned specifically to support entrepreneurs and business owners with flexible financing solutions
Get your business loan approved within 24-48 hours after application and document verification.
Enjoy our competitive interest rates of 4% monthly with flexible repayment terms.
Access up to ₦10 Million in funding to meet your business expansion and operational needs.
Streamlined application process with minimal documentation required for quick approval.
Choose repayment periods between 3 to 36 months based on your business cash flow.
Get access to business advisory services and financial consultations at no extra cost.
Transparent terms and conditions for our business financing solutions
| Loan Feature | Details |
|---|---|
| Interest Rate | 4% Monthly |
| Loan Amounts | ₦500,000 - ₦10,000,000 |
| Loan Duration | 3 - 36 Months |
| Processing Fee | 2% of Loan Amount (One-time) |
| Disbursement Time | 24-48 Hours After Approval |
| Collateral Requirement | Based on Loan Amount: - Below ₦1M: No collateral - ₦1M - ₦5M: Business assets - Above ₦5M: Business assets + personal guarantee |
| Early Repayment | Allowed with no penalty after 3 months |
| Late Payment Fee | 1% of outstanding amount |
The following documents are required to process your business loan application
Business registration certificate (CAC), valid government-issued ID (National ID, Voter's Card, Driver's License, or International Passport)
6 months bank statements, business financial statements, tax clearance certificate, and evidence of tax compliance
Comprehensive business plan detailing how the loan will be used and repayment strategy
Proof of business location (utility bills, tenancy agreement, or deed of ownership)
Guarantor's ID, proof of address, employment details, and statement of net worth
Documents for assets used as collateral (if applicable) such as property deeds, vehicle papers, or equipment documentation
Follow these simple steps to apply for your business loan
Fill out our simple online application form with your business details
Upload the required documents for verification
Our team reviews your application and documents
Receive loan approval within 24-48 hours
Funds are transferred directly to your business account
Calculate your monthly repayments and total loan costs
Ready to apply for your business loan? Click the button below to start your application.
Apply for Business LoanFind answers to common questions about our business loans
The maximum loan amount for our business loans is ₦10,000,000. However, the actual amount you can borrow will depend on several factors including your business's financial health, cash flow, collateral provided, and creditworthiness. Our loan officers will work with you to determine the optimal loan amount based on your business needs and repayment capacity.
Our business loan approval process typically takes 24-48 hours after all required documents have been submitted and verified. We pride ourselves on our quick turnaround time to help you access the funds you need for your business without unnecessary delays. However, for larger loan amounts (above ₦5 million), the approval process may take up to 3-5 business days due to additional verification requirements.
Our business loans are flexible and can be used for various business purposes including but not limited to:
We require a business plan or proposal detailing how you intend to use the loan funds as part of the application process.
Collateral requirements depend on the loan amount:
Our goal is to make financing accessible while managing risk appropriately. We work with each business owner to find a suitable collateral arrangement.
Yes, you can repay your business loan early without any penalty after the first 3 months of the loan term. Early repayment allows you to save on interest costs and reduce your overall loan burden. However, for the first 3 months, there is a minimum interest charge to cover our administrative costs. If you anticipate that you might want to repay early, please discuss this with our loan officers during the application process.
While our standard business loans require at least 1 year of business operation, we do offer startup financing options for businesses that have been operational for at least 6 months. These loans typically have different terms and may require additional documentation, stronger collateral, and/or a detailed business plan with financial projections. The loan amounts are usually capped at ₦2 million for businesses less than 1 year old. Please contact our loan officers to discuss startup financing options that might be suitable for your new business.
Hear from business owners who have grown their businesses with our loans
I secured a ₦3 million business loan from Victory Hands MPCS to expand my retail store. The application process was straightforward, and funds were disbursed within 48 hours. The flexible repayment terms have made it easy to manage my cash flow while growing my business.
Retail Store Owner, Asaba
Victory Hands MPCS business loan helped me purchase essential equipment for my catering business. The interest rates were competitive, and their team provided valuable financial advice. My business revenue has increased by 40% since the expansion.
Catering Business Owner, Warri
As a small manufacturing business, access to capital was our biggest challenge. Victory Hands MPCS provided us with a ₦5 million loan that allowed us to increase our production capacity. Their business support services also helped us optimize our operations for better profitability.
Manufacturing Business, Ughelli
Apply for a business loan today and get the funding you need to take your business to the next level. Our team is ready to guide you through the application process.