Zedvance Finance Limited, a Nigerian financial institution, has disbursed over N96 billion in funding to commercial businesses since launching its dedicated Commercial Solutions unit in 2025, significantly expanding its portfolio beyond retail lending. The move establishes the company as a major provider of business financing aimed at bridging the gap between enterprise growth and access to capital.
In its first year, the Commercial Solutions business achieved one of the highest loan disbursement rates in the sector, supporting thousands of local enterprises across key industries. These include oil and gas, automotive, logistics, renewable energy, fintech, e-commerce, trade distribution, and agribusiness. The company offers products such as working capital, invoice and purchase order financing, equipment finance, and ecosystem-based solutions like buy-now-pay-later (BNPL) facilities and cross-border credit lines for importers and exporters.
Group Managing Director of Zedcrest Group, Adedayo Amzat, CFA, emphasized the purpose-built nature of Zedvance’s model. “We are proud of our impact in sectors critical to economic development, such as financing mobility assets for gig workers and expanding energy access through solar on-lending,” Amzat said. He highlighted the flagship ‘Liquidity Solutions’ product, designed to accelerate credit delivery for high-growth sectors and help businesses optimise cash flow and scale.
Ayooluwa Oladimeji, Acting Executive Director of Commercial Solutions, attributed the 2025 growth to technology, product innovation, and risk-moderated structures. The unit provided funding to ecosystem partners including Shekel Mobility, Tradegrid, Sapphire, and CredPal. “Our focus remains on strengthening credit access across Africa’s commercial ecosystems to enable businesses to scale with confidence,” Oladimeji stated.
Building on this momentum, Zedvance has set a target of disbursing over ₦250 billion in 2026. The funding will focus on sectors such as off-grid power, smart devices and home equipment, vehicle dealerships and mobility platforms, agribusiness, manufacturing, consumer goods distribution, and hospitality. This expansion reinforces the company’s mission to provide faster, broader access to credit to accelerate enterprise growth across Africa.
Zedvance Finance, a subsidiary of Zedcrest Group founded in 2014, has previously focused on retail financing, empowering over one million Nigerians. Its strategic pivot into commercial financing reflects a response to persistent funding gaps for small and medium-sized enterprises, which are vital for Nigeria’s economic diversification and job creation. The company’s approach combines sector-specific expertise with tailored financial products, positioning it within a competitive landscape of non-bank lenders targeting Nigeria’s underbanked business segment.
