Private credit · Structured finance · Capital solutions
A private lender on Victoria Island. Facilities from ₦50 million to ₦20 billion, or $50,000 to $20 million, for three months to seven years, in naira and dollars.
LendVault is a private lender, not a bank. We take no deposits. We arrange each facility around the borrower’s cash flow and security, and every term is set down in writing before anything is signed.
What we finance
01 / 06
Tenor1 to 5 years
Term and revolving facilities for established companies: expansion, acquisitions, refinancing, and the balance-sheet moments between them.
Used for
Secured on
02 / 06
Tenor1 to 7 years
Bilateral, confidential credit for situations a bank’s template does not fit: a timetable, an unusual asset, a sponsor’s structure, a need for discretion.
Used for
Secured on
03 / 06
Tenor6 months to 5 years
Development, investment and bridging capital for owners and developers, secured on the property and its income.
Used for
Secured on
04 / 06
Tenor1 to 4 years
Facilities sized to what a business owns or is owed: receivables, inventory, plant and fleet. The line moves with the assets.
Used for
Secured on
05 / 06
Tenor2 to 7 years
Capital structures for transactions with several parties or several sources of repayment: vehicles, tranches, mezzanine.
Used for
Secured on
06 / 06
Tenor90 days to 2 years
Finance that moves with the trading cycle: imports, distribution, confirmed orders and receivables.
Used for
Secured on
01 / 06Something that fits none of the six? Describe it in a sentence
How we decide
Four stages, each ending in a decision you can hold us to.
You tell us what the money is for, how it will be repaid and what stands behind it. We tell you, plainly, whether it is a facility we would write.
What we ask for
A short account of the business and the need. The last audited accounts, if you have them to hand.
We read the accounts, the current trading, the security and the people, and we see the business or the property for ourselves.
What we ask for
Three years of audited accounts. Management accounts for the year to date. Existing borrowing. Valuations or schedules of the security.
The proposal goes to our credit committee. If the answer is yes, you receive a term sheet. If it is no, you are told why.
What we ask for
Nothing further, unless the committee has a question.
The facility letter and security documents are signed, the security is registered, the conditions are met, and funds are drawn to the borrower’s account.
What we ask for
Executed documents, board resolutions, insurance.
What we look at
Cash flow first. Security is the second way out, never the first.
What it is worth, who else has a claim on it, and how quickly it could be realised.
Who runs the business, who owns it, and how they have handled debt before.
What the money will do, and whether the amount and tenor fit it.
Dollar facilities are for borrowers with dollar income, or a clear route to it.
The letter
Before anything is signed, the whole of a facility is set out in one letter. These are its six parts; the figures follow the facility you shape below.
11 Engineering CloseTo the Directors of the Borrower
Indicative terms: Corporate lending
Borrower. The company named in the enquiry (the Borrower), incorporated in Nigeria, with any guarantor agreed with the Lender.
Purpose. As stated by the Borrower in its enquiry.
Amount and tenor.
Security.
Pricing. Interest at a margin over an agreed reference rate, payable in arrears. An arrangement fee, stated once, in figures, in this letter.
Conditions precedent. Satisfactory due diligence; executed facility and security documents; registration of the security; insurance; board resolutions of the Borrower.
These are indicative terms. They are not an offer, and nothing binds either party until a facility letter is signed by both.
LendVaultFor LendVaultAuthorised signatory
Shape a facility
Choose a facility, a currency, an amount and a tenor. The repayment, the documents and the letter above follow your choices. The rate is your assumption, not our price.
Point at a period, or focus the chart and use the arrow keys, to read it; drag the marker through the life of the facility.
Security usually asked for
Documents for the assessment
| Period | Opening | Interest | Principal | Instalment | Closing |
|---|
Illustrative only. Interest is computed each period on the balance outstanding at the rate you chose; fees, taxes and the actual terms of any facility are set out in its letter. Dates assume the typical path and are not a commitment.
Who we lend to
Distinct requirements, one way of working: bilateral, documented, discreet.
Capital for expansion, acquisitions and strategic priorities.
Facilities for family capital held across generations, arranged in person.
Discreet financing for qualified individuals, by appointment.
Development, investment and bridging capital, secured on property.
Credit, structures and co-lending, institution to institution.
Facilities for acquisitions and portfolio companies.
Private clients
For qualified individuals and families, facilities are arranged in person, at our office or at yours, and kept between us.
The next working days
The desk
The reference rate we watch, the time in the three cities our borrowers deal in, and when the desk is open.
The desk · Monday to Friday, 09:00 to 17:00 WAT · 11 Engineering Close, Victoria Island, Lagos
Begin an enquiry
Tell us what the money is for. A member of the lending team will reply.
To the lending team,
I am writing about a facility.
Yours faithfully,
Your name
What happens next: a reply within days of a conversation, an assessment, a decision, documents and drawdown. About nine weeks on the typical path.
This is how your enquiry reaches the lending team. No email address is published; the letter is delivered through this page.
