Quick Loan Arena, (www.quickloanarena.com) the first and only review website for platforms, apps and banks that give out quick loans has been unveiled in Lagos, Nigeria.
In a press statement released over the weekend to mark the unveiling, Mr Femi Adeoya, Publisher and Editor in Chief of Quick Loan Arena says: “We have researched and found out that one major impediment to small business survival is inaccessibility to veritable quick loan services to aid their productive expansion and working capital. This way our blog will bridge the information gap to millions of individuals and businesses that need to make informed decisions.”
He adds that Quick Loan Arena will review and showcase different quick loan lending platforms for individuals, self-employed and small businesses.
That way according to him: “Small businesses that need quick loans to sustain their working capital requirements, to invest and expand their productive capacity for better output and increased bottom line will have an opportunity to choose those that are credible, high yield, low interest and customer friendly options.”
The blog is published and owned by Skytrend Consulting Ltd, an accounting and financial solution company incorporated in Nigeria in 2013.
Mr Adeoya emphasizes that: “While Quick Loan Arena is itself not a credit giving platform, it will feature and review veritable credit giving platforms to enable individuals and small business owners make informed decisions.”
According to the Publisher: “The website review will also expose any untoward operational procedures of those loan giving platforms and about customers who collect such loan and default in repayments.”
Mr Femi Adeoya the Publisher of the review blog, is the Chief Executive Officer of Skytrend Consulting Ltd, the leading accounting software and financial solutions service provider for small businesses in Nigeria.
He is a professional Forensic accountant and a Certified fraud examiner. He has over 20 years professional work experience in accounting and financial management cut across different segments of business across Nigeria. He has implemented quick and long-term loans for different organizations during his professional work and he is an expert in accounting software implementation for small and medium scale businesses.
Mr Tobiloba Gideon, the Business Development Manager of Quick Loan Arena during the unveiling says: “Without the access to funds and funding options which most times are through quick loans, small businesses run the risk of becoming stunted, unproductive and unsustainable. And to this Quick Loan Arena will fill the information and operational gap to prospective customers who needs objective and critical information”.
He adds: “We will be discussing topical issues on how small and medium scale businesses and individuals can obtain quick loans for their business expansion and individual financial obligations respectively. We will not limit our review to Nigeria but include loan agencies in the US, UK, and Canada.”
According to him, “We started this special publication less than one month ago and we are overwhelmed by the massive readership, enthusiasm and responses from our readers.”
Mr Gideon promises that Quick Loan Arena will engage and interrogate relevant stakeholders in the financial services industry with a view to sanitizing the operational system for both lenders and borrowers.