Employment Loans
Financial Support for Working Nigerians
REAL Recruitment Employment Agency Limited is expanding to offer
employment-linked loan services to support the financial wellness of employees across
Nigeria.
About Our Loan Services
We understand that employees sometimes face unexpected financial challenges. Our
employment-linked loan products provide quick, accessible financial support with
convenient repayment through automatic payroll deduction.
Status:
Currently in development phase, partnering with financial institutions for full-scale launch.
Loan Products (Coming Soon)
Short-term salary advance loans to help manage cash flow, with quick approval and easy payroll repayment.
1. Salary Advance Loans
Purpose:
Short-term cash flow support between paydays
Features
- Loan Amount: Up to 50% of monthly salary
- Repayment Period: 1-3 months
- Interest Rate: Competitive rates (to be announced)
- Approval Time: Within 24-48 hours
- Repayment: Automatic payroll deduction
Eligibility
- Employed with participating organization
- Minimum 3 months employment
- Clean repayment history (if previous loans)
2. Emergency Loans
Purpose:
Urgent financial needs (medical, family emergencies, etc.)
Features
- Loan Amount: ₦50,000 – ₦500,000
- Repayment Period: 3-12 months
- Interest Rate: Competitive rates (to be announced)
- Approval Time: Within 24-48 hours
- Repayment: Automatic payroll deduction
Eligibility
- Employed with participating organization
- Minimum 6 months employment
- Verifiable emergency need – Stable income history
3. Personal Development Loans
Purpose:
Education, training, professional certifications
Features
- Loan Amount: ₦100,000 – ₦1,000,000
- Repayment Period: 6-24 months
- Interest Rate: Preferential rates for career development
- Approval Time: Within 3-5 business days
- Repayment: Automatic payroll deduction
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Eligibility
- Employed with participating organization
- Minimum 12 months employment
- Course/training documentation required
- Employer endorsement (for some cases)
4. Asset Purchase Loans
Purpose:
Electronics, appliances, motorcycles, etc.
Features
- Loan Amount: ₦200,000 – ₦2,000,000
- Repayment Period: 12-36 months
- Interest Rate: Competitive rates (to be announced)
- Approval Time: Within 3-5 business days
- Repayment: Automatic payroll deduction
Eligibility
- Employed with participating organization
- Minimum 12 months employment
- Asset documentation required
- Stable income history
Registration Process
What are the Key Benefits?
- Convenient Repayment – Automatic payroll deduction, no stress
- Competitive Rates – Fair interest rates for employed individuals
- No Collateral – Employment-backed loans (for most products)
- Flexible Terms – Repayment periods to suit your budget
- Financial Wellness – Support when you need it most
- Transparent Process – No hidden fees or charges
General Eligibility Requirements
To qualify for REAL Recruitment employment loans, applicants must meet the following requirements.
Interest Rates & Fees
Our loan products feature competitive rates, minimal fees, and clear repayment terms.
For Employers: Partnership Opportunities
Why Partner With REAL Recruitment for Employee Loans?
- Employee Retention – Financial wellness improves job satisfaction
- Productivity – Financially stable employees are more focused
- Zero Admin Burden – We handle all loan processing and management
- Seamless Integration – Works with your existing payroll system
- No Cost to Employer – Free service for participating organizations
How Employer Partnership Works:
-
1
Agreement
Sign partnership agreement with REAL Recruitment
-
2
Integration
Connect loan system with your payroll
-
3
Employee Access
Your employees can apply for loans
-
4
Deduction
Monthly loan repayments deducted from salary
-
5
Remittance
You remit deductions to REAL Recruitment/partner lender
Regulatory Compliance
REAL Recruitment is committed to full regulatory compliance:
- SCUML Registration – Special Control Unit against Money Laundering
- NDPC Compliance – Nigeria Data Protection Commission guidelines
- CBN Guidelines – Adherence to Central Bank of Nigeria regulations
- Ethical Lending – Fair, transparent, and responsible lending practices
Frequently asked questions
We now have an FAQ list that we hope will help you answer some of the more common ones.
1. When will loan services be available?
We are currently in the development and partnership phase. Full launch expected in Q1 2026. Register your interest to be
notified.
2. What interest rates will you charge?
Competitive market rates will be announced at launch. Rates will vary by loan type and amount
3. Can I apply if I’m not employed by a REAL Recruitment client?
Initially, loans will be available to employees of participating organizations. We’re expanding partnerships continuously.
4. How is repayment handled?
Automatic deduction from your monthly salary through your employer’s payroll system.
5. Is there a maximum loan amount?
Loan amounts vary by product type and are subject to your income level and repayment capacity.
5. Can I have multiple loans at once?
Subject to assessment of your total debt-to-income ratio and repayment capacity
6. What happens if I miss a payment?
Since repayment is automatic via payroll, missed payments are rare. If employment ends or salary is insufficient, we’ll work with you on alternative arrangements.
Register Your Interest
Be among the first to access our employment loan services when they launch!
- Email: info@reallending.ng
- Subject: Loan Services – Register Interest
- Include: – Your name, Employment status – Employer name
- Loan type interested in Estimated loan amount needed