List of money lenders in Lagos, Nigeria. Although there are quick money lending options online, some companies have also resorted to lending offline.
Despite the advantages offered by online lending companies, there are still some shortcomings that render offline money-lending companies as go-to alternatives. These include the high-interest rates that are placed on loans, the loan terms that come with little or no counseling, the liens that are placed on businesses if a loan payment is not met, the unguaranteed safety of one’s financial details, or the possibility of being hacked.
Although online money lenders in Lagos offer a lot of advantages that include debt consolidation, consent to refinance loan terms saves a lot of time, is less strenuous, and has a short loan approval process among others.
List Of Money Lenders In Lagos
The offline money-lending companies in Lagos include:
1. GTHomes Limited/Imperial Homes Mortgage Bank
28 Saka Tinubu Street, Victoria Island
The Imperial Homes Mortgage Bank, formerly known as GTHomes Limited, is focused on rendering house-related services with a focus on mortgages and real estate. They also offer quick NHF loans to customers.
REQUIREMENTS
- You are expected to provide personal information about yourself
- You must be employed and have a stable source of income
- You will be required to provide your NHF details
- You will also provide trustworthy guarantors
- You must fill the application form completely
2. Direct Bridge Nigeria Limited
703A1 Thomas Adeboye Drive
REQUIREMENTS
- You must be between ages 22-55 years
- You must be employed with a stable source of income
- You must have an active salary account
- You will be required to provide six months bank account statement
- Recent utility bill
3. Wema Homes Limited (Savings and Loans)
65A Opebi Road, Ikeja
`REQUIREMENTS
- You must be employed with a stable source of income
- You are required to provide details of your workplace
- You must provide an active account number registered with a commercial bank
4. City-Code Mortgage Bank Limited
21/25 Broad Street, Lagos Island
REQUIREMENTS
- You are expected to complete your loan application form
- You must be employed with a stable source of income
- You must provide a three months bank account statement
5. Alliance Consulting
5th Floor, UBA House
REQUIREMENTS
- Follow the laid-down loan rules
6. Quick Loan
47 Obafemi Awolowo Way, Allen, Ikeja
REQUIREMENTS
- You should be between the ages of 22-55 years
- You will be required to provide an active salary account
- You must be employed
- BVN is required
- You will be required to provide a six-month bank statement of your salary account
- Valid means of identification
- Valid employment confirmation letter or a staff ID card
7. Hometrust Savings and Loans Limited
Greenwich House, Oyin Jolayemi Street, Victoria Island
REQUIREMENTS
- BVN
- An active bank account registered with a commercial bank in Nigeria
- You will be required to provide your employment details
- Staff ID card
- A stable source of income
8. Partnership Loans and Savings Limited
150 Awolowo Way, Ikeja
REQUIREMENTS
- An active bank account registered with a commercial bank in Nigeria
- Staff ID card
- BVN
- Valid means of identification
- Passport photograph
- You must be employed with a stable source of income
9. TMC Savings and Loans
187 Ajose Adeogun Street, Victoria Island
REQUIREMENTS
- You must be between ages 22 and 55 years
- An active bank account registered with a commercial bank in Nigeria
- You will be required to provide your employment details
- Valid confirmation of employment letter
- BVN
- Passport photograph
10. Supreme Loans and Savings Limited
Falomo Shopping Centre, Ikoyi
REQUIREMENTS
- You should be between the ages of 22-55 years
- You will be required to provide an active salary account
- You must be employed
- BVN is required
- You will be required to provide a six-month bank statement of your salary account
- Valid means of identification
- Valid employment confirmation letter or a staff ID card
11. Trinity Loans and Savings Limited
79 Allen Avenue, Ikeja
REQUIREMENTS
- Provide an active salary account
- You are expected to complete your loan application form
- You must be employed with a stable source of income
- You will be required to provide a three months bank account statement
12. Jubilee-life Savings and Loans
Ikorodu Road, Ketu Lagos, Lagos
REQUIREMENTS
- You must be between ages 22 and 55 years
- An active bank account registered with a commercial bank in Nigeria
- You will be required to provide your employment details
- Valid confirmation of employment letter
- BVN
- Passport photograph
Other offline money-lending companies in Lagos are:
13. Lmoney
43 Church gate street, Victoria Island, Lagos
14. Fast Cash Loans
32 A, Adeola Odeku St, Victoria Island, Lagos
15. Space Dynamics Limited
2A Adeogun Raymond Njoku Street, Ikoyi
16. Accord Savings and Loan Limited
2 Aromire Avenue, Ikeja
17. Suburban Trust Loans and Savings
4B Mobolaji Way, Ikeja
18. Oasis Loans and Savings Limited
Oasis House 298, Ikorodu Road, Ikeja
19. Stallion Loan and Home Savings Limited
2a Akerele Street, Ikeja
20. Skyfield Loans and Savings Limited
Jide Oki Street, Victoria island
21. CRC Credit Bureau
26, McCarthy Street, Lagos
22. Adims Credit and Investment Limited
Suite 9, Okaza Plaza
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Closing On The List Of Money Lenders In Lagos
Regardless of the few aforementioned advantages, the offline lending companies still remain good replacements for online money-lending companies such that it is highly beneficial for people that are not internet savvy, your loans can always be restructured, you can suspend your loan payment for some time, your financial details and sensitive information are secure, they demand less interest rate, they offer insurance, they sometimes offer special services, and you enjoy personal relationships from the face-to-face interactions.