IRVIN Global and Investment Group, with a track record of over seven years, has provided tailored credit facilities to over 10,000 individuals, equipping them to thrive in today’s economic landscape. The company’s focus on innovation has opened doors for Small and Medium Enterprises (SMEs) to access vital resources such as working capital, project funding, and supply financing. Additionally, IRVIN Global has introduced a unique payroll loan facility, designed to meet the specific financial needs of its diverse clientele.
Dr. Nwangwa Uzonna, Group Managing Director/Group Chief Executive Officer, emphasized the pivotal role SMEs play in Nigeria’s economy, citing their significant contributions to job creation and economic growth. He highlighted that IRVIN Global understands their importance and has tailored credit facilities to cater to their distinct requirements.
Uzonna explained that IRVIN Global provides SMEs with access to working capital, project financing, and supply funding (Local Purchase Order) without the burdensome need for traditional collateral. Instead, the company utilizes innovative underwriting techniques and alternative data sources to assess the creditworthiness of these businesses. This approach empowers SMEs to secure the funding they need for growth, even in the absence of traditional assets for loan security.
In addition to SME support, Uzonna unveiled a distinctive payroll loan facility tailored to meet the financial needs of both public and private sector salary earners. This payroll loan is structured against the borrower’s salary, offering an efficient and hassle-free way to access funds during urgent financial situations. It proves invaluable for individuals facing unexpected expenses, emergencies, or opportunities requiring immediate funding.
IRVIN Global’s innovative approach to payroll loans streamlines the application process, ensures quick approval times, and offers reasonable interest rates, making it an appealing option for salary earners seeking a dependable financial partner. This initiative demonstrates IRVIN Global’s commitment to providing accessible and efficient credit solutions for SMEs and salary earners alike.