Built for real Nigerian cash-flow moments

Three focused products, each with the same transparent 30-day, 10% flat-interest structure.

Salary Advance

Get part of your salary before payday.

For verified salary earners who need funds before their next pay date. Repaid automatically on payday.

₦10,000 – ₦300,000 · 30-day term · 10% flat interest
Learn more

Payday Loan

Emergency cash, repaid on your next pay date.

A short-term loan for unexpected expenses — approved fast, repaid in one instalment on your next pay date.

₦5,000 – ₦150,000 · 30-day term · 10% flat interest
Learn more

Business Loan

Flexible working capital for your business.

For entrepreneurs, SMEs, and business owners who need funds for inventory, equipment, or day-to-day operations.

₦10,000 – ₦500,000 · 30-day term · 10% flat interest
Learn more

How it works

From application to repayment in four simple steps.

Step 1

Check eligibility

Verify your identity, bank account, and income in minutes.

Step 2

Choose your loan

Pick a product and amount — see your full cost breakdown upfront.

Step 3

Accept your offer

Review principal, interest, total repayment, and the exact date before accepting.

Step 4

Get funded, repay on time

Approved funds are sent directly to your bank account — track your repayment date from your dashboard.

Simple, honest eligibility

  • Verified identity (NIN/BVN verification)
  • Active Nigerian bank account
  • Evidence of regular income or salary
  • Passes a simple affordability check
  • A defined loan limit based on your income
See full eligibility criteria

Borrow responsibly

Short-term credit should bridge a gap, not become one. BorrowBanana never guarantees approval and always shows full costs before you accept.

  • Only borrow what you can comfortably repay on the due date
  • Review the full cost breakdown before accepting any offer
  • Contact support early if you anticipate a repayment problem
Read our Responsible Lending commitment

Full price transparency

Principal, interest, fees, and the total repayment amount — always shown before you accept any offer.

Secure and confidential

We only ask for what's needed to assess eligibility, and your data is protected using industry-standard security measures.

Approval in minutes

A 100% digital application with fast decisions — eligible applicants can be approved and funded in under five minutes.

Simple, honest pricing

Every product uses the same clear structure. No surprises, no hidden charges.

10% Flat Interest

Calculated once on principal over 30 days.

Fixed interest that never compounds or changes during your loan tenor.

₦100k loan = ₦10k interest

Zero Hidden Fees

What you see is what you repay.

No processing charges, administrative additions, or surprise penalties.

100% upfront transparency

Fixed 30-Day Tenor

Aligned with your salary cycle.

Clear repayment schedule timed precisely to your payday or business cash flow.

Exact due date confirmed upfront

FAQ

Got questions? We've got answers.

How is interest calculated on BorrowBanana loans?
All active loan products use a flat 10% interest rate over a fixed 30-day tenor. For example, a ₦100,000 loan has ₦10,000 interest, for a total repayment of ₦110,000 — shown to you in full before you accept any offer.
Are there any hidden fees?
No. BorrowBanana shows principal, interest, any fees, the total repayment, and the exact repayment date before you accept an offer. Nothing changes after acceptance.
Am I guaranteed to be approved?
No lender can guarantee approval, and neither do we. Eligibility depends on verified identity, an active Nigerian bank account, your income information, and an affordability check.
What do I need to be eligible?
You'll need a verifiable Nigerian identity, an active bank account, evidence of regular income, and to pass a simple affordability check based on your income and existing obligations.

Flexible repayment options

Choose the product and amount that fits your cash flow, with your exact repayment date confirmed before you accept any offer.

See how it works

Dedicated customer support

Have a question about a loan or repayment? Our support team is on hand to help — reach out any time.

Get in touch

What our customers say

Real experiences from BorrowBanana customers across Nigeria.

AO

Rent was due before my salary landed. The Salary Advance showed me the exact repayment amount upfront no surprises when payday came.

Amaka O.
Marketing Executive, Lagos
TA

My car broke down out of nowhere. The Payday Loan process was quick and I knew exactly what I'd repay before I accepted anything.

Tunde A.
Civil Servant, Abuja
CN

I needed to restock before a festive weekend. The Business Loan calculator let me plan around the exact repayment date.

Chioma N.
Fabric Trader, Onitsha
BK

I was nervous about hidden fees from past experiences elsewhere. BorrowBanana showed every naira before I accepted that's what won me over.

Bayo K.
First-time borrower, Ibadan
NE

A family emergency came up mid-month. The Salary Advance app walked me through eligibility and disbursement without any confusing jargon.

Ngozi E.
Junior Doctor, Port Harcourt

Financial insights

Smart tips on cash flow, budgeting, and responsible borrowing.

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