Zedvance Disburses N96 Billion in Commercial Lending

Zedvance has successfully disbursed N96 billion in commercial lending to businesses across Nigeria, marking a significant milestone in its commitment to bridging the financing gap faced by enterprises. The company, which has been operational for 11 years, aims to expand its footprint beyond retail lending.

Zedvance's commercial solutions are set to launch in 2025, and within just one year of operations, it recorded one of the highest loan disbursement rates among financial institutions, supporting thousands of local enterprises and contributing to broader economic growth. The firm provides financial solutions across key sectors of the Nigerian economy, including oil and gas, automotive, logistics, renewable energy, fintech, and e-commerce.

Adedayo Amzat, Group Managing Director of Zedcrest Group, emphasized the importance of developing financial models tailored to address credit constraints. The company also supports energy access initiatives and offers customized financing options to help businesses manage cash flow and scale operations effectively.