Zedvance disburses ₦96bn in commercial loans, targets ₦250bn funding in 2026

Zedvance Finance Limited, a Nigerian provider of consumer and business financing solutions, has disbursed more than ₦96 billion in commercial loans to businesses across the country as it expands its footprint beyond retail lending.

The company said the milestone reflects its commitment to closing the financing gap for enterprises and supporting business growth across key sectors of the economy.

Leveraging its 11-year track record, Zedvance’s Commercial Solutions business, launched in 2025, has rapidly become a major driver of credit expansion within the company, achieving one of the highest loan disbursement rates among financial institutions within a year of operation.

The financing initiative has supported businesses in sectors including oil and gas, automotive, logistics, renewable energy, fintech, e-commerce, trade distribution and agribusiness, among others.

Through funding options such as working capital financing, invoice and purchase order financing, equipment and trade finance, as well as ecosystem-based solutions, the company said it is helping businesses improve liquidity, acquire assets and access cross-border credit lines for imports and exports.

The Group Managing Director of Zedcrest Group, Adedayo Amzat, said the company’s financing model was designed to bridge funding gaps and stimulate enterprise growth.

He noted that the company’s flagship product, Liquidity Solutions, was created to help businesses access credit faster, particularly in high-growth sectors.

“We are proud of the impact we have made so far, especially in sectors critical to economic development. Through initiatives such as solar and asset on-lending, we have expanded energy access and supported gig workers by financing mobility asset platforms across Nigeria,” Amzat said.

According to him, the Liquidity Solutions platform offers tailored financing options including inventory purchase financing, invoice financing and import financing, enabling businesses to optimise cash flow, accelerate turnover and expand operations.

Also speaking, the Acting Executive Director for Commercial Solutions, Ayooluwa Oladimeji, said the company leverages technology, innovation and sector expertise to provide funding solutions such as multi-currency credit lines, buy-now-pay-later facilities and equipment financing across industries including automotive, renewable energy, manufacturing, fintech and trade distribution.

He noted that the business recorded significant growth in 2025 through strategic partnerships and an expanding credit portfolio that has supported companies such as Shekel Mobility, Tradegrid, Sapphire and CredPal.

Looking ahead, Zedvance said it plans to expand its funding portfolio to more than ₦250 billion in 2026, focusing on sectors such as off-grid power, smart devices and home equipment, mobility platforms, agribusiness, manufacturing, and consumer goods distribution.

The company said the planned expansion aligns with its broader goal of accelerating enterprise growth by improving access to credit across Africa’s commercial ecosystem.

Zedvance Finance Limited, a subsidiary of Zedcrest Group, provides business and retail financing solutions. Since its establishment in 2014, the company says it has supported over one million Nigerians, contributing to financial inclusion and economic development.