Frequently Asked Questions
At Motion Yield Limited, the focus is your need and our approach to consumer finance provides the key that connects you to your dreams.
We are Nigeria's leading consumer finance provider managed by a team of young professionals that have experience in consumer finance and banking, spanning over a decade. Here are some quick answers for you:
- Must be in a paid employment.
- Must maintain a bank account not less than six months old.
- Must have a verifiable monthly income.
- Must possess a valid means of identification.
- You must work and reside in Lagos(or in a state where we have an operational branch).
- You must not have a history of returned cheques in your account.
- You can access between ₦50,000 to ₦2,000,000 loan facility.
- This is also based on your level of income and exposure to other loans.
- This is subject to the type of loan and the prevailing market circumstances, This can be discussed with relationship officers..
- Call us on any of our numbers 01-2918820 or 01-2918821, you can as well click on the apply button below.
- We provide credit from 3 month to 15 months depending on your need. This is a short term consumer credit after all.
- Yes, We provide our customers with different payment structures and flexibility.
- Staff ID and one other form of valid identification (i.e. driver’s license,voters card, international passport or national ID).
- One recent passport photograph.
- Bank statements showing 6 (most recent) salary credits prior to application date.
- Employment letter and/or promotion letter, confirmation letter or salary review letter(s).
- Monthly repayment cheques dated in line with your pay day.
- Utility Bills.
- Pay slips are compulsory for government workers.
- Tax Identification Number or Pension Statement (if any)
- Last 3 months statement of account.
- Work identification.
- Photograph.
- A duly completed guarantor form.
- Post-dated cheques for the duration.