CSAdvance Lender Review

CSAdvance lender profile summary:

  • Loan Amount: N 20, 000 to N 5, 000, 000
  • Repayment Period: 3 months to 1 year
  • Who can apply? Businesses and income-earning Individuals between the ages of 22 and 60.

About CSAdvance

CSAdvance is a Lagos-based fintech company licensed by the Central Bank of Nigeria (CBN).

Incorporated in March 2016, the firm provides quick-access, collateral-free loans to individuals and businesses. Company workers can obtain short-term group loans at a discounted rate.

Their office is located at 8b Sumbo Jibowu Street, Ikoyi – Lagos.

Products offerings

CSAdvance meets several financial needs. Here are their products and services:

1. Business loans:

CSAdvance business loans are available to small and medium businesses, helping them meet their capital needs for growth and expansion, capitalize on time-sensitive opportunities, or have a line of credit to improve cash flow and settle essential needs.

CS Wise is a new specialized loan targeted at women business owners. The purpose of this loan is to empower female entrepreneurs, giving them the capacity to scale their small or medium enterprises in the fastest time possible.

Do I qualify for CSAdvance Business Loans?

You are eligible for a loan once you can provide these documents:

  • One passport photograph
  • Valid means of identification (National ID card, driver’s license, permanent voters card, or international passport)
  • Stamped bank statement from the salary bank account (Covering a period of six months)
  • Postdated cheques
  • Work ID
  • Direct debit mandate (Duly activated)

2. Personal loans

Whether you need a loan to pay medical bills, buy an asset, pay tuition, or go on a holiday, CSAdvance will take care of it. They offer personal loans with minimal interest rates and a flexible repayment period. Get fast cash paid directly into your bank account.

Am I Eligible for a Personal Loan?

To qualify for a loan, you have to be between the ages of 22 to 60 and be able to provide the following documents:

  • One passport photograph
  • A government-issued ID card (National ID card, driver’s license, international passport, or permanent voter’s card)
  • Work ID.
  • A stamped bank statement from your salary bank account (Covering six months)
  • Postdated cheques
  • Direct debit mandate

3. Investment and savings plans

Make your cash work for you by buying into the investment and savings plans at CSAdvance. Get as much as 20% interest per annum. The service is fully secured, ensuring the safety of your funds and personal data.

CS Target allows you to put money away for future use. Save for your financial targets on a daily, weekly, or monthly basis and get considerable returns. Start your account with a minimum balance of N 50 000.

CS Invest helps grow your money over a given period. Put your resources to work and enjoy hassle-free returns. You get:

  • Competitive interest rates per annum
  • A dedicated relationship manager
  • Unrestricted payment options (At maturity, monthly, or upfront)
  • Flexible tenor and earnings rollovers

How much can I get from CSAdvance?

At CSAdvance, individuals and businesses can access up to N 5 000 000. The minimum amount is N 20 000. The approved funds and interest rate depend on the borrower’s creditworthiness. The repayment period ranges from three months to a year.

How to Apply

Visit Fill out the application form and upload scanned copies of the required documents. Then wait for the loan agreement/offer letter to be sent to your email. You can get your loan within 24 hours.

Why choose CSAdvance

CSAdvance offers quick loans with no collateral. The service is personalized to each customer, especially with a comfortable repayment plan and highly competitive interest rates. You can get the lowest rates with CS.

Are you in need of a quick loan but can’t tell which lender is right for you? Has your choice lender denied your loan request many times? At Credit Nigeria, we facilitate your loan approval process by linking you to numerous lenders. You can then compare offers and find your best fit. The service comes with no obligations or hidden costs.