FANCREST · RC 8961606 · UTAKO, ABUJA
Business and personal loans from ₦1M to ₦50M
Collateral-backed lending for members, across Abuja and Nigeria. Every cost disclosed upfront.
Quick access to capital
Funding structured around your timeline
Minimal paperwork
Straightforward requirements, no runaround
Collateral-backed
Transparent, secured lending
TRANSPARENT PRICING
Clear terms.
Every cost disclosed.
10% per month
flat rate. Long-standing members may qualify for a reduced rate of 8%
Flat rate means interest is calculated on your original loan amount rather than a reducing balance, so your monthly repayment stays the same for the life of the loan.
Your total cost is the interest plus ₦5,000 annual cooperative membership. No processing or admin charges.
WORKED EXAMPLE
₦1,000,000 over 6 months at 10%
SIMPLE PROCESS
Four steps to your loan
01
Join the cooperative
Membership is ₦5,000 per year, non-refundable. Complete the membership form at our Utako office.
02
Submit your application
Provide your details, a valid ID, your BVN, a passport photograph, and a guarantor.
03
Collateral assessment or valuation
We evaluate the assets provided as security and confirm your terms in a written agreement.
04
Receive your funds
On approval, your capital is disbursed and repayment begins on the agreed schedule.
What we lend
- AMOUNT
- ₦1M – ₦50M
- RATE
- 10% / month flat
- MEMBERSHIP
- ₦5,000 per year
- SECURITY
- Collateral-based
- AVAILABLE TO
- Members (individuals and businesses)
Why choose Fancrest
Clear terms
Interest plus ₦5,000 annual membership, nothing else.
Flexible repayment
Structured around your loan size and term, not a fixed schedule.
Individuals & SMEs
Facilities from ₦1M to ₦50M for personal and business needs.
Registered & physical
Registered in Abuja (RC 8961606), with an office you can walk into.
Beyond lending
- Financial Advisory
- Investment
- Contract Financing
- Wealth Creation
- General Contracting