Many Nigerian car owners worry about the legality and safety of vehicle pledge loans, fearing informal lending traps and hidden risks. In fact, vehicle collateral lending is a legal and regulated financial service in Nigeria, as long as you cooperate with fully licensed local lending companies.
Alheri Lending Company LTD is a formally registered Nigerian enterprise with CAC Registration Number RC 9791563, registered under the Companies and Allied Matters Act 2020. The company holds a valid money lender license issued by Kano State Magistrate Court, legally authorized to carry out vehicle pledge lending business in Kano and northern Nigeria.
All loan terms of Alheri Lending comply with Nigerian consumer financial regulations and Google Ads financial rules. The loan term ranges from 61 to 90 days, with fully transparent interest rates and service fees, no hidden charges, no illegal collection behaviors.
In addition, all pledged vehicles are stored in a 24/7 CCTV monitored secure professional garage, with unified vehicle management and regular maintenance. For local business owners in Kano, choosing a legally licensed lender is the core guarantee of safe short-term financing.
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