Sycamore is an innovative financial solution designed for you to meet your money needs. Get quick access to collateral-free personal loans from ₦100,000 - ₦5 million and ₦500,000 - ₦5 million for business loans, lend money from friends or borrow, invest and earn competitive returns, and pay
your bills on Sycamore at no cost.
Salary loans
This credit facility is designed for salaried employees in Nigeria who need quick loans to meet specific personal needs e.g. House rent or renovation, Car purchase or repairs, and much more.
Features
Loan amounts range from ₦100,000 - ₦5 million
Flexible repayment plan (3 - 12 months)
24 hours approval time
Interest rates: 2.3% - 6% monthly
Requirements
Bank Statement (6 months till submission date)
Valid ID (Driver’s license, International passport, Voter’s card or National ID card)
Utility Bill with your Nigerian home address
BVN/NIN
Recent passport photograph
Business loan
This credit facility is designed for business owners in need of quick funds to boost, expand or grow their businesses. Business owners must have their businesses registered with the Corporate Affairs Commission (CAC) to qualify for our business loans.
Features
Loan is from ₦500,000 - ₦5,000,000
Flexible repayment plan (3-12 months)
24 hours approval time
Interest rates: 2.3% - 6%
Requirements
1. CAC documents
2.Bank statement: 6 months till date of submission
3.Valid ID:
Preferably Driver’s license or international passport. Voter’s card and National ID (NIMC) are also accepted
4.Recent Passport photograph
5.BVN/NIN
Our loan application is easy and seamless. All you have to do is;
Download the app
Register
Verify your identity
Apply for loans
Supply the basic kyc documents
Get the money once approved.
No hidden charges. Support is always available.
Loan friends
With this feature, you can lend your friends money or borrow, manage and track the loans you give out, set/send reminders for repayments, and even earn extra money when you add interest to the loans you give, all in one place. With this feature, no debtor fit run you streets!
Investments
Let’s walk you through your financial freedom. Invest as low as ₦100,000 - ₦50,000,000 and earn up to 24% in returns per annum. Your investment is in safe hands!
Bills Payment
You can also pay for your everyday bills - transfer money, buy airtime or data, pay for electricity, cable subscriptions, and many more.
Why choose Sycamore?
Our platform was built with the interest of our lenders and borrowers at heart. Whether you are an investor or borrower, be rest assured that you have made an excellent choice with Sycamore.NG as a financial partner.
About Sycamore
Sycamore, a property of Sycamore Integrated Solutions Limited, is a financial solution provider located in Lagos, Nigeria. We give loans to salaried employees (₦100,000 - ₦5,000,000) and business owners (₦500,000 - ₦5,000,000).
For personal loans, our interest rates range from 2.3% - 6% per month, and repayment plans range from 3-12 months.
Our Loan amounts range from ₦100,000 to ₦5,000,000
Our maximum annual percentage rate(APR) is 72%
Representative Example:
Loan Amount: ₦1,000,000
Loan Tenor: 12 months
Number of Repayments: 12
Monthly Interest Rate: 5%
APR: 60%
Total amount payable: ₦1,600,000
Privacy & Permissions
By downloading Sycamore, we may ask for permission to scan your financial SMS data and other information in order to verify your identity and creditworthiness. We take privacy seriously - all data shared with us is encrypted and your personal data will never be shared without consent.
You can visit sycamore.ng/privacy for more details on how we handle your data
How to reach us
Call us on 01 700 3497
Email: complaints@sycamore.ng