Zedvance Finance Limited has disbursed more than N96 billion in funding to commercial businesses across Nigeria, marking a significant expansion beyond its traditional retail lending operations. The company said the funding was provided through its Commercial Solutions unit launched in 2025, which has driven rapid credit growth within just one year.
According to a statement released on Monday, the financing has supported enterprises operating in key sectors of the Nigerian economy, including oil and gas, automotive, logistics, renewable energy, fintech, e-commerce, trade distribution and agribusiness. The move reflects a growing effort by financial institutions to close the funding gap faced by small and medium-sized businesses in the country.
Zedvance Finance, a subsidiary of Zedcrest Group, was established in 2014 to provide financing solutions to individuals and businesses across Nigeria. Over the years, the company has expanded its services to include tailored credit solutions for enterprises seeking flexible capital to scale operations.
Group Managing Director of Zedcrest Group, Adedayo Amzat, said the financing model adopted by Zedvance was designed to bridge critical funding gaps in the economy and help businesses grow sustainably. He noted that the company’s flagship product, Liquidity Solutions, was created to enable faster credit access for businesses operating in high-growth sectors.
Amzat explained that the company remains proud of the progress recorded so far, particularly the impact made in sectors that play an important role in Nigeria’s economic development. According to him, Zedvance has also contributed to expanding energy access through solar asset financing while supporting mobility platforms that create income opportunities for gig-economy workers across the country.
He added that the Liquidity Solutions platform was designed with customers at the center of the company’s operations, allowing businesses to unlock faster access to funding needed for expansion. The product provides tailored financing structures such as inventory purchase financing, invoice financing and import financing, helping companies optimize their cash flow and maintain stable operations.
Acting Executive Director of Commercial Solutions at Zedvance, Ayooluwa Oladimeji, said the company has relied on technology and innovation to provide a wide range of funding options for businesses. He explained that Zedvance currently offers multi-currency credit lines, buy-now-pay-later facilities and equipment financing to businesses across industries including automotive, renewable energy, manufacturing and fintech.
Oladimeji said the Commercial Solutions division recorded strong growth in 2025, driven largely by strategic partnerships and a rapidly expanding loan portfolio. The company has already supported several businesses within its ecosystem, including Shekel Mobility, Tradegrid, Sapphire and CredPal.
Nigeria continues to face a significant financing gap for businesses, especially for small and medium-sized enterprises that contribute nearly 48 percent of the country’s Gross Domestic Product and about 84 percent of employment, according to industry estimates. Financial institutions like Zedvance are increasingly stepping in to provide alternative credit structures that allow businesses to access funding more quickly.
Looking ahead, the company said it plans to scale its lending activities even further. Zedvance has set a target to provide more than N250 billion in funding in 2026, focusing on sectors such as off-grid power, mobility platforms, agribusiness, manufacturing and hospitality. The company believes expanding access to credit across these sectors will play an important role in strengthening Africa’s commercial ecosystem and helping businesses grow with confidence.
