Frequently Asked Questions

Seed Credit Limited (SCL) is a premium financial solutions provider dedicated to aiding salaried professionals, growing entrepreneurs, and established businesses in achieving operational efficiency. We offer personal and corporate credit solutions designed with flexible structures and zero hidden fees.

While exact criteria depend on the specific credit facility (Seed Advance, Seed Assets, or Seed Business), basic requirements generally include:

• A valid, government-issued form of identification.
• Proof of stable employment or verified corporate registration.
• Recent bank statements (usually past 3–6 months).
• A completed online loan application form.

Approval times differ based on product complexity:

• Seed Advance (Personal): Typically processed and approved within 24 to 48 hours.
• Seed Assets (Equipment): Usually reviewed and approved within 3 to 5 business days.
• Seed Business (Corporate): Takes 5 to 7 business days, involving rigorous underwriting protocols.

The maximum loan limit corresponds directly to the selected credit facility:

• Seed Advance: Up to ₦5,000,000.
• Seed Assets: Up to ₦50,000,000.
• Seed Business: Up to ₦100,000,000.

Limits can be adjusted depending on the strength of the security model or corporate credit history.

Absolutely not. Seed Credit Limited is anchored on absolute transparency and zero-trust integrity. All processing costs, advisory fees, and interest structures are clearly outlined in your initial offer letter prior to final signing and disbursement.

We support multiple convenient repayment channels including automatic monthly direct debit instructions (Remita/NIBSS), bank transfers, and dedicated post-dated check collection depending on the specific product structure.

Yes, early liquidation is fully permitted across all our financing facilities. In addition, we do not charge early liquidation penalties, allowing you to settle your obligations without additional friction or fees.