Business Finance
Fuel Your Business Growth with Fast & Flexible SME Loans Financing – Low interest rates
Whether you’re expanding operations, purchasing inventory, or managing cash flow, our affordable SME loans provide the financial support you need to succeed.
LPO Financing
With Covest LPO Financing, you can access working capital to execute confirmed Local Purchase Orders (LPOs) from reputable corporate organizations and government agencies. Our fast, flexible financing solutions help you fulfill contracts on time, maintain healthy cash flow, and seize new business opportunities with confidence.
- Loan Amount: ₦500k – ₦20M
- Interest Rate: 3.5% flat monthly/ 4.5% reducing
- Upfront charges/fees: 3.5%
- Tenor: 3-6 months
- Security: Confirmation of LPO & domicilation of payment where possible
SME Loan
Whether you’re launching a new business, restocking inventory, or expanding operations, the Covest SME Loan is designed to fuel your growth. We offer quick-access financing tailored specifically for micro, small, and medium enterprises across Nigeria.
- Loan Amount: ₦500K – ₦20M
- Interest Rate: 3-4% flat monthly
- Upfront charges/fees: 3.5%
- Tenor: 6 months
- Security: Two Guarantors / Stock Hypothecation accompanied by a Sales Agreement; Shop Receipt; C of O of landed property; Motor Vehicle
Micro Loan
Struggling with small business cash flow? Covest offers micro loans with NO collateral! Use funds for stock, equipment or expansion. Quick approval, flexible repayments. Perfect for market traders, tailors, hairdressers & SMEs. Get funded tomorrow – Apply today!”
- Loan Amount: ₦200K – ₦500K
- Interest Rate: 3.5% flat monthly/ 4.5% reducing
- Upfront charges/fees: 3.5%
- Tenor: 6 months
- Security: One Guarantor and Authority to Debit letter
Solar Asset Finance
Whether you’re expanding your fleet, upgrading equipment, or investing in solar technology, Covest ensures you get the finance you need. With our finance, you preserve cash flow while driving productivity and profitability.
- Loan Amount: ₦1M – ₦20M
- Interest Rate: 3.5% flat monthly/ 4.5% reducing
- Upfront charges/fees: 3.5% + 30% equity contribution
- Tenor: Flexible
- Asset will serve as collateral
Rotating Savings & Current Account Loans
At Covest Financial Services, we make borrowing easier by leveraging your savings record and current account performance. Our tailored financing solutions provide fast access to capital, enabling individuals and businesses to meet immediate financial needs, seize new opportunities, and maintain healthy cash flow with confidence.
- Loan Amount: ₦50K – ₦100K
- Interest Rate: 10% flat monthly
- Tenor: 1 month
- Security: One Guarantor
Need Easy Access to Finance?
We’re here to help! Reach out to us for assistance and start your financial journey.
Monday – Friday : 8:30 am – 6:00 pm
Address:
25B Olumo Street, Onike,
Yaba, Lagos State,
Nigeria.
Contacts:
Email: crm@covestng.com
Phone: +234 806 041 9569
Phone: +234 811 809 0934