For banks
Midas, in your bank’s name.
Car finance inside your own app, for the customers you already have. Zero licence fee.
3-minute application. Our partner banks find you the best financing.
Free · No BVN to start · Manufacturer warranty
Zenith BankGTBGTBankFBNFirst Bank
UBA
Stanbic IBTC
Wema Bank
Globus Bank
Zenith BankGTBGTBankFBNFirst BankUBAStanbic IBTCWema BankGlobus BankMonthly price = the best bank offer today at the shown down payment. Your own offer depends on your income.
* Prices exclude 7.5% VAT.
Every car shows its monthly price. Brand new, with the manufacturer’s warranty.
BESTSee every bank’s estimate side by side. You choose.
You pay your down payment to the bank. The bank pays the showroom, and you collect your keys.
Want the numbers before you choose? Open the loan calculator →
What you need: your ID · your phone · your salary details. That's all.
When you choose an offer, your down payment is paid into that bank’s own account — never to the dealer, never to Midas. We will never ask for your PIN, OTP or card number.
Your application, your offers and your documents — in one place.
🔒 We never ask for your PIN, OTP or card number.
Each lender runs its own credit policy against the same certified file. This is the underwriting view — the inputs, the rules that fired, and how the price was built.
The commercial case for the dealer: cars that were browsed and abandoned become funded sales, and Midas earns on every one.
Buying five vehicles or fifty, the same partner banks price your fleet. Banks lend more readily against a bulk order than a single car — one file, one security package, one disbursement.
A term facility against the vehicles. You hold the asset on your balance sheet, the bank holds the lien, and the fleet is yours at the end.
An operating lease. A fixed monthly figure covering the vehicle, maintenance and insurance, off your balance sheet, replaced at the end of term.
Indicative, from the same partner banks that price our retail loans. Your bank sets the final rate on its own credit assessment.
Stock photography used while our own showroom photographs are being taken. Each image is used under its licence, with the photographer credited.
Car photos are the manufacturers’ own press images, used to show each model.
Car photos are the manufacturers’ own press images. Older photos credited below came from Wikimedia Commons under their licences.
Figures are estimates from each bank’s usual terms. The bank makes the final decision.
Most Nigerians pay cash for cars because a loan takes forty days and a miracle. Midas puts a group of banks behind every car, so an offer comes back in 48 hours and the keys follow your down payment.
We are built with a national dealer network — showrooms and service centres in Lagos, Abuja, Port Harcourt, Kano, Enugu and Ibadan. Vehicles first; education loans and mortgages ride the same rail next.
Behind the team sits a national automotive network — three decades of vehicle distribution in Nigeria.
Lagos-based unless stated. Write briefly — what you have done beats what you would do.
Pick a bank, a car and a down payment. See the monthly repayment, the interest you will pay over the term and every fee the bank adds — month by month, with nothing hidden.
Banks charge interest on a reducing balance: each month you pay interest only on what you still owe, so the interest share of every repayment falls as the loan shrinks. A flat rate charges interest on the full amount for the whole term. A flat 15% costs about the same as 26% on a reducing balance — always ask which one you are being quoted.
A one-off management fee of about 1% of the loan, a GPS tracker fitted before delivery, and comprehensive insurance for the full term, which the bank requires because the car is its security. The calculator shows all three so there is no surprise on top.
Indicative only. Access Bank and Stanbic IBTC appear as worked examples at typical rates; the final rate, fees and insurance premium are set by the bank in its own offer letter after a credit assessment. Prices exclude 7.5% VAT.
Add insurance to your car loan and pay it monthly, inside the same loan — not as a surprise on top.
Tick Comprehensive insurance on the loan form and the premium is financed with the car.
Cover comes from licensed insurers. The insurer sets the price.
No interest, ever. You pay an agreed rental-profit charge, fixed and written down on day one. Nothing floats, nothing compounds.
At the showroom price. It owns it.
Ownership passes to you step by step.
At the end of the term, outright.
“I do not take interest. Here the bank buys the car and I rent it until it is mine. That is why I applied.”
With Lotus Bank, one of Nigeria’s licensed non-interest banks.
The same cars, the same application, the same 48-hour target. Your down payment still goes directly to the bank, never to the dealer or Midas. Tick non-interest finance when you apply and only compliant offers reach you.
Non-interest products are provided by licensed non-interest banks and governed by each bank’s own Sharia advisory board. Midas arranges the transaction; it does not issue Sharia certification.
For showroom staff. Pick the car, enter the customer's WhatsApp, and send a link that opens with their car ready to finance — your showroom on the file.
Plain language, as the Nigeria Data Protection Act (2023) intends. Questions: lavine@zenith-grp.co.
Complete files, not leads: a numbered PFI, a certified vehicle at a fixed price, verified income and full KYC — delivered to your credit team over an API.
Hyundai · Nissan · MG · Honda franchises in Nigeria and Ghana — showrooms in Lagos, Abuja, Port Harcourt, Kano, Enugu, Ibadan and Accra. Two ways to work with us: a white-label platform for your own customers, or a place among our partner banks.
Connected by one API link — customer files in, decisions out. The credit engine never leaves your bank.
First pilot cycle, growing to 20–25 vehicles across the programme — the pioneer lender sets the template for every bank that follows.
Average facility of ₦27M at 26% p.a. over 48 months, for illustration. Rates and tenors are set by your institution.
| Facilities funded monthly | Principal originated p.a. | Gross interest, life of book |
|---|
Zero licence fee, zero platform fee and zero commission for banks. Midas is paid by the dealers when a car is sold — never by your institution or the borrower.
Banks we have met in Nigeria and Ghana as of November 2026, in onboarding or discussion — not signed lending agreements.
Thirty minutes on credit policy and commercials, then the sandbox — the integration specification is published.
Every car you list carries a monthly price and partner banks behind it. You keep your price; the bank pays you.
Certified stock only — inspected and graded before it goes live. Growing with the programme to 20–25 vehicles.
Illustrative — portraits are generated, not real customers. Real buyers replace these after our first deliveries.
Banks compete for every loan. Dealers sell more cars. Buyers get the lowest rate.
Car finance inside your own app, for the customers you already have. Zero licence fee.
Every car carries a monthly price. Free to list, paid when the loan pays out.
You only ever pay the bank. Never a personal account.
The bank approves and pays. Not us.
We never sell your details or call your family.
Manufacturer warranty and service.
