Frequently Asked Questions
Find answers to common questions about our services, eligibility, and the application process.
What is Greenbridge Digital Ventures?
Greenbridge Digital Ventures Ltd is a digital lending platform that provides short-term working capital and loans specifically for registered, verified event vendors in Nigeria. We use a proprietary credit-scoring model that leverages non-traditional data to assess creditworthiness and provide rapid loan approvals.
Who can apply for a loan?
Our loans are designed for Nigerian event vendors including caterers, event planners, decorators, photographers, venue owners, and other event service providers. You must have been in operation for at least 6 months, have a valid bank account, and possess a valid means of identification (BVN, NIN, or International Passport).
Is Greenbridge a secure platform?
Yes, Greenbridge Digital Ventures Ltd is a trusted platform that uses bank-level encryption and security measures to protect your data and transactions. Your security and peace of mind are our top priorities.
What types of loans do you offer?
We offer four main loan products: Working Capital Loan (₦50K - ₦2M), Event-Specific Loan (₦100K - ₦5M), Equipment Financing (₦200K - ₦10M), and Bridge Loan (₦100K - ₦3M). Each product is designed to meet specific needs of event vendors.
What are your interest rates?
Our interest rates range from 1.5% to 5% monthly depending on the loan product, your credit score, and repayment terms. Bridge loans start as low as 1.5% monthly, while working capital loans range from 3% to 5% monthly. All rates are transparent with no hidden fees.
Do I need collateral to get a loan?
No, we don't require traditional collateral like property or assets. Our proprietary credit-scoring model uses alternative data points such as event booking history, client reviews, and business tenure to assess your creditworthiness. Your reputation and track record are your credit.
How do I apply for a loan?
Applying is simple: 1) Create an account on our platform, 2) Complete your profile with your business details, 3) Submit required documents (ID, bank details, business proof), 4) Receive quick approval, 5) Get funds disbursed directly to your bank account.
What documents do I need to apply?
You'll need: a valid ID (BVN, NIN, or International Passport), your bank account details, business registration documents (optional but beneficial), and potentially photos or samples of your past events (optional). The more documentation you provide, the better we can assess your application.
How long does it take to get approved?
Most applications are processed quickly. Our automated credit-scoring system rapidly assesses your profile using alternative data. Many qualified applicants receive approval the same day.
How will I receive my loan?
Once approved, the loan amount is transferred directly to your registered bank account via electronic transfer. Funds typically arrive within hours of loan acceptance, depending on your bank's processing time.
How do I repay my loan?
Repayment is easy! We offer multiple options including direct debit from your bank account, transfer to our designated bank accounts, or payment through our mobile app/web portal. We also offer flexible repayment schedules aligned with your event cycles and cash flow.
Can I repay my loan early?
Yes! You can repay your loan early without any penalty. In fact, early repayment may improve your credit score with us and increase your chances of getting higher loan limits in the future.
What happens if I miss a payment?
We understand that business can be unpredictable. If you're having difficulty making a payment, please contact us immediately before the due date. We may be able to restructure your repayment schedule. Late payments may incur fees and affect your ability to access future loans.
Is my personal and business information secure?
Absolutely. We use bank-level encryption and security measures to protect your data. Your information is only used to assess your loan application and is never shared with third parties without your consent, except as required by law. Read our Privacy Policy for more details.
How do you use my BVN?
Your BVN is used solely for identity verification and credit checks with your consent. It helps us confirm your identity and assess your creditworthiness responsibly. We do not store your BVN beyond what is necessary for these purposes.
Still Have Questions?
Our support team is here to help. Reach out and we'll get back to you within 24 hours.