Zedvance says it will shift its active loan book fully to SMEs and ecosystem partners, with a planned ₦500bn deployment over the next 18 months.
Nigerian lender Zedvance says it is committing 100% of its active loan portfolio to SMEs and critical ecosystem enablers. SMEs are small and medium-sized businesses, often the shops, factories, and service firms that employ many people.
The announcement was made by Adedayo Amzat, Group Managing Director of Zedcrest Group, Zedvance’s parent company. He spoke at the Zedvance Business Roundtable in Lagos themed “Unlocking Growth: The Role of Smart Financing in Building Resilient Businesses.”
Amzat said Zedvance is moving away from its earlier emphasis on high-velocity retail consumer loans, which are smaller and shorter-term loans to individuals. The company’s new plan is to scale corporate and production-focused lending, which typically funds inventory, equipment, and expansion.
As part of the shift, Zedvance is pushing what it calls “ecosystem-linked solutions.” In simple terms, this means lending through structured partnerships with corporate aggregators, so credit can flow to groups of smaller operators in a supply chain. The blog post cited examples such as agriculture, automotive distribution, and energy.
Nigeria’s mid-market companies often struggle to access working capital and longer-term credit, especially when bank processes are slow or requirements are heavy. If Zedvance follows through on deploying ₦500 billion over 18 months, it could increase available private credit for growth-ready SMEs.
The ecosystem-linked approach also signals a preference for lower-risk underwriting, where repayments are tied to business activity inside a known network, rather than to individual borrowers in isolation. For founders and operators, that could mean more sector-specific loan products, and faster access to financing tied to real business cash flow.
Primary Source: Zedvance Blog
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