NOLT 2.1

NOLT aims to streamline the borrowing and investing experience, recognizing the essential need for accessible credit while enhancing financial planning. This platform offers a user-friendly mobile application that allows individuals to seamlessly access loan amounts up to N5,000,000, catering to both personal and business financial needs.

Investment Opportunities

The NOLT application provides diverse investment options designed to elevate your financial journey. Users can choose between a fixed investment plan, which sets aside dedicated funds for growth, or a regular investment plan that promotes daily, weekly, or monthly contributions at competitive rates. This flexibility allows users to set clear financial targets and achieve them directly from their smartphones.

Loan Products

NOLT extends its credit services to both retail and small to medium enterprises (SMEs), with available loan amounts spanning from N50,000 to N5,000,000. To qualify for personal loans, applicants must be at least 21 years of age and employed as salary earners. Documentation such as bank statements may be required. Business loans follow a similarly straightforward application process, requiring relevant documentation for amounts up to N5,000,000.

The interest rates for all products are set at 3% per month, resulting in an annual percentage rate (APR) of 36%, inclusive of all fees. Loan tenors range from a minimum of 63 days to 90 days, depending on user requirements.

Representative Example

For instance, selecting a 3-month (90 days) loan of N10,000 would incur an interest charge of N900 over the term. The total repayment amount would then be N10,900 (N10,000 principal plus N900 interest).

Contact Information

For further inquiries or assistance regarding how NOLT can facilitate your financial management needs, interested parties can reach out through various social media platforms or email customercare@noltfinance.com.