Cedar Salary Loan is a quick loan product designed for employees of reputable organisations. It was designed to assist salary earners meet their financial needs such as rent, fees, bills payment and purchase of household items.

The loan size ranges from N50,000 to N1,800,000 at an interest rate of 4.5% per month. Kindly use the loan calculator below to check your monthly repayment.

Terms and conditions for this loan are as stated below:

• Loan Size: N50,000 to N1,800,000
• Loan Tenure: 2 to 6 Months
• Interest Rate 4.5%
• 3% Management Fees, 1% processing Fees and 1% Insurance Fees
• Loan Type: Salary
• Utility Bills
• Valid ID
• Signup on Direct Debit with salary account
• Employment Letter
• Latest Promotion Letter
• Staff ID
• Six Months Statement of salary account / Pay slip
• Confirmation Letter

Cedar Easy Business Loan is specifically designed for business owners who need quick loans to fund their business. Take advantage of this wonderful opportunity to grow your business. Apply now for our collateral free loan and take your business to another level. Kindly use the loan calculator below to check your monthly repayment.

Terms and conditions for this loan are as stated below:

• Loan Size: N50,000 to N5,000,000
• Loan Tenure: 1 to 12 Months
• Interest Rate 4%
• 2% Management Fees, 1% processing Fees and 1% Insurance Fees
• Loan Type: Business Loan
• Utility Bills
• Valid ID
• Signup on Remita

Requirements for SMEs N50,000 to N100,000

• State Nature of Business
• Six Months Statement of Account
• Guarantor Signed up with Remita

Requirements for SMEs N101,000 to N500,000

• Requirements for N50,000 to N100,000
• Guarantors Salary Account Statement (Six Months)

Requirements for SMEs N501,000 and Above

• Requirements for N101,000 to N500,000
• Physical KYC
• Two Guarantors