₦50,000 - ₦50,000,000
Loan Amount
3-6%
Monthly Interest
90-365 days
Repayment Term
24-48 hours
Approval Time
Pros & Cons
Pros
- ✓High limits for businesses
- ✓Competitive SME rates
- ✓No collateral for some loans
- ✓Flexible repayment
- ✓Quick business funding
Cons
- ✗Business registration required
- ✗Not for personal loans
- ✗Documentation intensive
- ✗Newer businesses may not qualify
How to Apply for Lidya Loan
- 1
Visit Lidya website or app
- 2
Create business account
- 3
Submit business documents
- 4
Link business bank account
- 5
Receive loan offer
- 6
Accept and get funded
User Reviews
Y
Yemi S.Verified
Lagos
January 2025
Got ₦5M for inventory. Best SME lender I've used. Process was professional.
Frequently Asked Questions
Does Lidya give personal loans?
No, Lidya focuses exclusively on business and SME loans, not personal consumer loans.
What is the maximum Lidya loan?
Lidya offers business loans up to ₦50 million depending on business performance.
Quick Info
- Founded
- 2016
- Headquarters
- Lagos, Nigeria
- CBN Licensed
- Yes
- Disbursement
- Same day
- Last Updated
- 2025-01-19
Requirements
- •Registered business (CAC)
- •6+ months in operation
- •Bank statements (6 months)
- •BVN and valid ID
- •Business proof