Loan Calculator

Estimate your repayments based on each product's actual rates and terms

Edge Biz – SME Loan

Flat monthly rate · 1–12 month tenor

7% (min)10% (max)

Interest-only period before principal repayment begins.

SME Loan Fees
📋 Processing Fee: 3% one-time
📈 Interest: 7% flat/month
Monthly Payment
₦236,667
repayment phase
Total Repayable
₦1,420,000
Total Interest
₦420,000
Processing Fee (3%)
₦30,000
one-time
Principal₦1,000,000
Total Interest₦420,000
Processing Fee (3%)₦30,000
Total Repayable₦1,420,000
7% flat · 0mo moratorium · 6mo repayment

⚠️ These calculations are for illustrative purposes only. Actual loan amounts, interest rates, fees, and repayment schedules are subject to credit assessment and the terms of your signed loan agreement with Edge Finance.

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Edge Funds drives Nigeria's financial future through innovative lending solutions. Your trusted partner in business growth and personal advancement.

Edge Funds is a trading name of The Edge EdTech Solutions, a company registered in Nigeria with the Corporate Affairs Commission.

Regulatory status: Edge Funds is not yet approved by the Federal Competition and Consumer Protection Commission (FCCPC). An application for approval under the Digital, Electronic, Online, or Non-Traditional Consumer Lending Regulations 2025 is in progress. We do not hold, and do not claim to hold, a licence from the Central Bank of Nigeria.

We are a high-cost, short-term credit provider. Please review our rates, fees and APR before applying.

Get In Touch

  • 📍 3, Oladosu Oladipo Close, Ashi Area, New Bodija, Ibadan
  • 📞 08063412267
  • ✉️ hello@edgefunds.com

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