Sycamore - Lend and Borrow 2.0.7

Sycamore - Lend and Borrow 2.0.7

Sycamore Integrated Solutions Limited – Freeware – Android iOS
out of 20 votes
Latest Version
2.0.7
Safe to install
VERY GOOD User Rating

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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Overview

Sycamore - Lend and Borrow is a Freeware software in the category Business developed by Sycamore Integrated Solutions Limited.

The latest version of Sycamore - Lend and Borrow is 2.0.7, released on 04/20/2024. It was initially added to our database on 04/20/2024.

Sycamore - Lend and Borrow runs on the following operating systems: Android/iOS.

Users of Sycamore - Lend and Borrow gave it a rating of 4 out of 5 stars.

Pros

  • User-friendly interface that is easy to navigate
  • Good organization features for tracking loans and borrowings
  • Ability to set reminders for due dates and notifications for upcoming payments
  • Secure encryption for sensitive financial information

Cons

  • Lack of advanced reporting features for analyzing financial data
  • Limited customization options for personalizing the user experience
  • Occasional syncing issues between devices, leading to discrepancies in data

Screenshots (Click to view larger)

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