| Interest Rate | 54% |
| Duration | From 7 days |
| Access Level | Public |
| Company Name | Daily loan |
| Phone 1 | |
| Phone 2 | |
| Website or Store | |
| Address | |
| Category | Dangerous Loan |
| Company Email | |
| Views | 308 |
The Daily Loan program is specifically tailored to assist micro and small-scale business owners who require immediate financial support for their daily operational needs. This loan is ideal for entrepreneurs involved in daily trading activities, characterized by rapid turnover and a need for liquidity to seize market opportunities.
Loan Details
Loan Amount: Borrowers can access funds ranging from a minimum of ₦10,000.00 to a maximum of ₦200,000.00. This flexibility allows business owners to choose an amount that best suits their individual needs.
Service Charge: The loan carries a competitive service charge of 0.3% per day on the outstanding amount. This transparent fee structure ensures that borrowers are aware of their costs upfront, enabling better financial planning.
Repayment Terms: The repayment process is designed to be straightforward and manageable. Borrowers are required to repay the loan in equal daily installments over a period of 50 working days. This structure allows business owners to align repayments with their daily revenue cycles, minimizing financial strain.
Key Benefits
Quick Access to Funds: The Daily Loan program facilitates swift access to capital, allowing business owners to capitalize on immediate opportunities without lengthy approval processes.
Flexibility: The loan amount and repayment terms are designed to accommodate the diverse financial needs of small-scale traders, making it a suitable option for various business models.
Support for Growth: By addressing the daily working capital requirements of micro and small businesses, the Daily Loan helps entrepreneurs maintain inventory, manage operational expenses, and invest in growth initiatives.
Conclusion
The Daily Loan program is an essential financial tool for micro and small-scale business owners looking to enhance their cash flow and sustain their operations. With accessible loan amounts, competitive service charges, and flexible repayment options, this program empowers entrepreneurs to navigate their daily trading activities effectively and grow their businesses.
Expert Counsel
Welcome to the DailyLoan App
DailyLoan, a premier financial service provider, operates under the reputable New Edge Finance umbrella, a well-established financial institution known for its diverse portfolio. New Edge Finance also owns popular services such as Easybuy and offers a range of applications including Palmcredit, Xcrosscash, Newcredit, and others, all conveniently available on the Google Play Store.
Commitment to Borrowers
One of the standout features of DailyLoan is its dedication to fostering respectful and fair relationships with borrowers. Our platform allows you to repay your loans gradually, free from the fear of defamation or negative repercussions. This commitment creates a supportive environment, encouraging trust and cooperation between borrowers and our team.
Smooth Repayment Process
To facilitate an effortless repayment experience, we advise borrowers against paying any overdue interest once the principal and normal interest amounts have been settled. This approach helps you manage your finances more effectively and avoid unnecessary stress.
Privacy and Communication
Should you experience persistent communication from DailyLoan via phone calls or WhatsApp messages, you have the option to block these contacts. This feature empowers you to protect your privacy and maintain peace of mind, minimizing any disruptions to your daily life.
Responsible Borrowing Practices
We strongly recommend against borrowing from other loan apps to settle dues with DailyLoan, as this can lead to further financial strain and a cycle of debt accumulation. It's essential to stay mindful of your financial commitments and avoid unnecessary borrowing.
Enhanced Communication Control
For added control over your communication channels, consider installing Truecaller on your mobile device. Truecaller helps you identify and block spam calls, including those from lenders like DailyLoan, ensuring an extra layer of security and convenience.
Thank you for choosing DailyLoan. We are here to support your financial journey with respect and understanding!
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Reviews
Agent message to usersPublic emergency declaration starting by 12pm today.Since you remain adamant towards repaying your loan,distress messages will be send to all your contacts that you are a criminal with a gang that dupes people using their phone number to borrow loan and refuse to pay and for them to be careful of you.
From daily loan
- 9/30/2024
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