Sycamore - Lend and Borrow 2.0.7

The Sycamore Mobile App offers an innovative financial solution tailored to address your monetary requirements. It provides fast access to collateral-free personal loans ranging from N100,000 to N5 million, and N500,000 to N5 million for business loans. Additionally, users can lend or borrow money from friends, invest for competitive returns, and conveniently pay bills.

• Personal loan: This credit option caters to salaried employees seeking quick funds for various personal needs such as house rent, car expenses, salary advances, and more.

Features:

• Loan amounts from N100,000 to N5 million
• Flexible repayment plans spanning 3 to 9 months
• Quick approval within 24 hours
• Competitive interest rates between 3.5% and 5%

Requirements:

• Bank statement covering the last 6 months
• Valid ID such as a Driver’s license, International passport, Voter’s card, or National ID card
• Utility Bill
• BVN/NIN
• Recent passport photograph

• Business loan: This financial solution targets business owners in need of rapid capital infusion to enhance their operations or facilitate growth. Business registration with the Corporate Affairs Commission (CAC) is mandatory for loan eligibility.

Features:

• Loan amounts varying from N500,000 to N5 million
• Flexible repayment terms lasting between 3 to 6 months
• Speedy approval process within 24 hours
• Interest rates ranging from 5% to 10%

Requirements:

• CAC documents
• Bank statements reflecting the past 6 months
• Valid ID - Driver’s license or international passport preferred; Voter’s card and National ID (NIMC) are also accepted
• Recent passport photograph
• BVN/NIN

The Sycamore loan application process is straightforward and seamless. Users simply need to download the app, register, verify their identity, apply for loans, provide necessary documents, and upon approval, receive the funds promptly.

The platform ensures transparency with no hidden charges and dedicates itself to offering continual support.

• Loan friends:

This distinctive feature empowers users to manage loans among friends efficiently. It enables lending, borrowing, tracking repayments with reminders, and even earning extra income by adding interest to loans in one convenient location.

Requirements:

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