Zedvance Finance has disbursed more than N96 billion to support commercial businesses across Nigeria as it expands beyond retail lending.

The company, in a statement on Monday, said the lending came through its Commercial Solutions business, launched in 2025, which has driven rapid credit expansion in the past year.

It said the financing supported enterprises in sectors including oil and gas, automotive, logistics, renewable energy, fintech, e-commerce, trade distribution and agribusiness.

Group managing director of Zedcrest Group, Adedayo Amzat, said the Zedvance financing model was designed to bridge funding gaps and support enterprise growth.

Mr Amzat said the company’s flagship product, ‘Liquidity Solutions’, was developed to enable faster credit delivery to businesses in high-growth sectors.

“We are proud of our accomplishments so far, especially the impact we have made in sectors critical to economic development.

“Through solar and asset on-lending, we have expanded energy access and improved income opportunities for gig workers by financing mobility asset platforms across Nigeria.

“Because customers are at the heart of our business, we designed ‘Liquidity Solutions’ to help businesses unlock faster credit delivery across high-growth sectors,” he said.

According to him, the product offers tailored financing structures, including inventory purchase, invoice financing and import financing to help businesses optimise cash flow.

Acting executive director of Commercial Solutions at Zedvance, Ayooluwa Oladimeji, said the company leveraged technology and innovation to deliver diverse funding solutions.

Mr Oladimeji said the firm provided multi-currency credit lines, buy-now-pay-later facilities and equipment financing across sectors such as automotive, renewable energy, manufacturing and fintech.

“In 2025 alone, Zedvance Commercial Solutions recorded strong growth driven by partnerships and a rapidly expanding portfolio. We have supported businesses including Shekel Mobility, Tradegrid, Sapphire and CredPal, among other ecosystem partners,” he said.

Mr Oladimeji said the company remained focused on strengthening credit access across Africa’s commercial ecosystem to help businesses scale with confidence.

He added that Zedvance targets more than N250 billion in funding in 2026 across sectors, including off-grid power, mobility platforms, agribusiness, manufacturing and hospitality.

(NAN)