Zedvance Finance Targets N250bn in Business Lending

Zedvance Finance has announced plans to target N250 billion in business lending as part of its new credit expansion strategy. The company has already disbursed N96 billion to support commercial businesses across Nigeria, establishing a strong position in the market beyond retail lending.

Zedvance aims to bridge the financing gap for enterprise growth by leveraging its 11-year legacy in commercial solutions. The company plans to launch its new business solutions in 2025, focusing on sectors such as oil and gas, automotive, logistics, renewable energy, fintech, and agriculture.

Adedayo Amzat, Group Managing Director of Zedcrest Group, emphasized the importance of flexible financing models tailored to business needs. Zedvance's operational model is designed to support business growth, with a particular focus on solar asset lending and improving income opportunities for gig workers.

The company aims to strengthen its credit access across Africa's commercial ecosystem, with a target of expanding its reach further by 2026.