General Information

Complete our 100% online application and submit with the necessary documentation, this should take only a few minutes. Our team reviews the information provided and revert with a decision within 24 hours. If approved, you will receive funds directly into your preferred bank account within 5 hours of loan approval.

The amount you can borrow is in relation to your income. Your monthly repayment should not exceed 35% of your monthly income. You can borrow for up to a period 12 months.

We operate a risk – based pricing model to determine repayment on loans

  • You must be in a paid employment
  • Your age should be between 22 and 55 years
  • You must have an active salary account

How to Apply

From our website, complete the application forms with valid information, then use our calculator to determine the terms of your borrowing – (Amount and tenor) and view your expected repayment(s). Submit your application and we will notify you within 24 hours of the loan decision.
You may also visit our office at 43, Church gate street, Victoria Island, Lagos.

You can access up to N2,000,000.00. The amount you can borrow depends on your level of income.

Your BVN is used to verify that the individual applying for a LMONEY loan is the same as the owner of the provided bank account. This is to prevent unauthorized use of your details by a 3rd party. Kindly note that providing your BVN does not provide access to your account. If in doubt, you may decide to confirm from your bank.

Just dial *565*0#. Please note: This will only work if you are making the request from the same phone number currently linked to your bank account.

You can send us a message on our web portal chat service or mail us on and one of our agents will respond swiftly.

You can also send us a message via any of our social media platforms; Facebook, Instagram, LinkedIn and Twitter.

It is imperative that we send your funds to your preferred account promptly. We request for bank account details as it is required to remit funds, if loan is approved. Kindly note that this must be a personal bank account in your name.

No, LMONEY is not a bank. We do not receive deposits from the general public nor do we offer savings or current accounts services. LMONEY is a service provided by Lubeck Capital Ltd (RC 1195259), a licensed and regulated company.
Our office is located at:
43, Church gate street
Victoria Island,
Lagos, Nigeria
And we cane be reached at

LMONEY loans can be spread over a maximum of 12 months, depending on the amount and loan duration you will be able to service comfortably. Kindly note that repayments are due in monthly installments, and not repaid as a lump sum at the end of the tenure

  • A valid employment, and/or confirmation letter
  • 6 month bank statements of a salary account
  • Staff ID card
  • Another valid identification document (e.g. Driver’s License, International Passport, Tax ID, Voter’s Card etc)
  • A picture of yourself

To get started, Click on the apply now button on the home screen and confirm that all your documentation are available. Alternatively, call us on +234(0) 708 345 3505 or click on the ‘call me back’ button on the homepage.

Account Information

You will typically receive funds within 24 hours of loan approval. Kindly inform us if you do not receive payment within this time frame. However, kindly confirm from your bank balance before reaching out to us.

This may be as a result on your application on our payment platforms awaiting confirmation from your bank to enable us complete disbursement.

There are a couple of reasons for rejected loans, most of it due to incomplete documentation provided or not providing vital information. There may also be other reasons, as a responsible lender, we ensure credit is extended solely to the right profile of applicant, to manage our clients indebtedness.

Your client ID No is the unique number created by LMONEY to identify you as a customer and pull up your records. It is displayed in all our correspondence with you and also sent to you via text upon your first loan application with us.

Kindly note this ID Number as it is the reference for quick and speedy identification.

Notifications are usually sent via email immediately after your loan application is sent. If you have not received either of these, please contact us.

Please log in to your LMONEY Platform to view all details concerning your loan.

Payment Setup

Once your Loan is approved, your client-relationship manager will work you through the process.

Loan Repayment

On the due date(s) of your repayments, your payment will conveniently be deducted from the account linked to the REMITA application.

Since the repayments are automated; you cannot prepay this loan before the due date except if there is a complete liquidation of the loan

Early liquidation is accepted and you can apply for a new loan immediately your previous loan is paid off.

There are no penalties for early liquidation.

If you want to liquidate your loan; make a payment prior to your due date and notify us. Kindly send payments to:

Lubeck Capital Limited
Access Bank

We understand that financial circumstances can change, however, it is essential to note that we do not schedule repayment dates and you should only take a LMONEY loan if you are reasonably certain you have the means to repay within the agreed period. There may be fees associated with late repayments. In addition, defaulting loans are reported to national Credit Bureaus and this can severely affect your ability to access loans in future. We therefore advise you make every effort to meet your obligations on time.

Kindly note that due dates are fixed when your loan is approved. We do not reschedule due dates, so kindly ensure appropriate planning to be able to meet repayments as at when due.

We want to maintain you as a valued customer, so kindly ensure that we receive your repayments on time. If you happen to be in a situation that makes it difficult to make your scheduled repayment, kindly contact us immediately by writing to

The default penalty is 1% on instalment amount for each day of default. If it exceeds 15 days, actions would be taken.

We do our best to help our customers avoid these situations and the resulting consequences , including but not limited to;

  • Suspension of your access to our lending service
  • Reporting to multiple credit bureaus
  • Involvement with external collection agencies
  • Possible legal action

Remember, we always want a WIN-WIN situation, a win for you is a win for us, so let us work with you in solving challenges with regards to repayments, and we can only do this effectively if we are informed timely enough during the loan period.

Data Verification and Security

At LMONEY we do not share personal details, unless it is for dedicated business purposes, such as reporting of loan defaulters to authorized Credit Bureaus. It is therefore important to ensure that you repay your loan on time so your credit history is not negatively affected. If you make timely repayments, this increases your chances of accessing credit from financial institutions in future.

You can order a self report on your credit history from any of the 3 nationally registered credit bureaus. You may contact:

  • XDS Credit Bureau (
  • Credit Registry Services ( or
  • CRC Credit Bureau ( in order to

Warning Alert !!!

At no point in time should you make any loan payment to any agents’ personal account whether affiliated to LMoney or not.
All payments should be made directly to Lubeck capital via any of our account details stated in the FAQs page.