Financing for
everyday people

PalmRise Limited supports salary earners, traders, existing business owners and everyday Nigerians by offering accessible loans and secured partnership opportunities.

“The righteous shall flourish like the palm tree”
Psalm 92:12
  • MFI Licensed
  • Serving traders, small businesses and corporate sector since 2021
  • Transparent rates, no hidden charges

Good for your business. Built for your life.

Our mission is to bridge the financial inclusion gap, empowering traders, artisans, small business owners, and salary earners with accessible lending.

  • Accessible

    Finance without gatekeeping around education or social status.

  • Fast

    Decisions and disbursement that respect your time and your opportunity.

  • Credible

    Licensed, regulated, and transparent about rates and fees.

  • Human

    Built from a founder-led, community-rooted lending practice.

  1. Financial inclusion first

    We serve individuals and businesses that are often overlooked by traditional lenders.

    No bank needed
    Traders welcome

  2. Fast loan processing

    Quick decisions and timely disbursement, when our clients need funds most.

    Quick decisions
    Funds when needed

  3. Responsible lending

    Ethical lending practices, with transparency at every stage.

    No hidden charges
    Fee shown upfront

  4. Customer-centric service

    Every client is treated with dignity, respect and personalised attention.

    Real people
    Here for you

Loans

Loans built around your business.

Whatever stage your business is at, there's a PalmRise loan to match.

See all loans

  • Salary Advance

    Funds before your next salary, repaid monthly over one to six months.

    Rate
    9 – 10%
    Term
    1 – 6 months

  • SME Weekly

    Flexible funding for traders and artisans, repaid once a week.

    Rate
    10%
    Term
    9 – 11 weeks

  • SME Daily

    Quick working capital for daily trade, repaid a little each day.

    Rate
    10%
    Term
    30 days

  • SME Marketly

    Funding repaid on market days at Kuto, Lafenwa and Elega.

    Rate
    10%
    Term
    11 market days

See what you could borrow

The numbers provided below are illustrative estimates to help you understand PalmRise Limited loan repayments. This does not constitute an official loan offer.

₦500,000
₦100,000₦10,000,000
Over how long?

You repay every month

₦550,000

You receive
₦500,000
Interest
₦50,000
Total repayment
₦550,000
Processing feePaid once, upfront, not part of your repayments
₦5,000
Apply with these figures

This is an estimate to help you plan. Your final figures are confirmed when PalmRise reviews your application.

Who we lend to

From market traders to salary earners, our credit facilities cut across all works of life with repayments timed to the way you actually earn.

Market tradersDaily
ArtisansWeekly
Food sellersDaily
Small businessesMarket day
Transport ridersDaily
WholesalersMarket day
Salary earnersMonthly

Partnership

Invest with confidence

At PalmRise Limited, we simplify wealth creation. Our partnership packages allow individuals and corporate entities to participate in high-growth, asset-backed opportunities with guaranteed transparency and rigorous governance.

Entry point
Starting at ₦1,000,000
Partnership horizon
Flexible terms starting from 6 months
Strategy
Capital preservation with optimised ROI
Get Started

Our story

From one trader to thousands

In 2021, our founder began lending singlehandedly. She lends to traders, existing business owners, suppliers and corporate world respectively. In 2024 PalmRise became fully licensed with an accessible office, better structure, and competent hands. Whilst the purpose still remains: Finance That Reaches Everyday Need.

Every loan we provide represents more than funding: it is an investment in ambition, opportunity, and the economic growth of our communities.
Read our story

Leadership

Meet the people behind PalmRise

Meet our team
  • Ayodele O.T., Chairman, Board of Directors at PalmRise Limited

    Ayodele O.T.

    Chairman, Board of Directors

  • Badmus O.E, Principal Officer & Executive Director at PalmRise Limited

    Badmus O.E

    Principal Officer & Executive Director

  • Olubunmi Kayode, Non-Executive Director at PalmRise Limited

    Olubunmi Kayode

    Non-Executive Director

  • Temitope Akinbogun, Legal Adviser at PalmRise Limited

    Temitope Akinbogun

    Legal Adviser

  • Suwebat Opeyemi Ibuowo, Head of Marketing at PalmRise Limited

    Suwebat Opeyemi Ibuowo

    Head of Marketing

Compliance

Fully licensed. Fully transparent.

A fully licensed and registered money lending company.

  • Licence held
    Money lender's licence
  • Operating since
    29 January 2024
  • Jurisdiction
    Ogun State, Nigeria

Client stories

Doing good, together

Coming soon

We are collecting stories from the traders and business owners we work with. If PalmRise has helped your business, we would like to hear about it.

Share your story

FAQs

Borrowing

Who can apply for a PalmRise loan?
Traders, existing business owners, and salary earners. No complex documentation or extensive banking history is required.
How long does approval take?
PalmRise was built on reliability and swift loan approvals. Once we have your documents, we review and respond, respectively.
How do I apply?
Use the calculator on this page to check your repayment convenience, then send us your details. Our representative will reach out to you almost immediately.

Repayments & costs

What is the processing fee, and is it refundable?
The processing fee is a one-off charge based on how much you borrow: ₦5,000 for loans up to ₦500,000, ₦10,000 up to ₦1,000,000, and ₦20,000 above that. It is paid upfront when your loan starts and is separate from your repayments.
What happens if I repay late?
Talk to us as early as you can. We would rather work something out with you than let a problem grow. Your loan agreement sets out exactly what applies.

Partnership

What is the minimum I can invest?
It depends on the package you choose. Each package shows its minimum on this page, and the calculator will tell you if an amount is below it.
How and when are returns paid?
Each package sets out when returns are paid: some at maturity with your principal, others compounded through the term. The package details on this page tell you which applies.
How secure is my partnership?
PalmRise is a fully licensed and registered money lending company. You can view our licensing and compliance information from the footer of this site.
Can I withdraw early?
Early withdrawal terms depend on the package. Ask us before you commit and we will explain exactly what applies to the one you are considering.
How do I get started?
Use the calculator to estimate your return, then send us your details. Our partnership team will contact you to talk it through.

Ready to grow?
Let's talk.

Whether you are borrowing or partnering, a real person will talk it through with you.

Get StartedContact us
Calculate my loan