Frequently Asked Questions

  • Who are we?

    We are lenders, advisory service providers and investors. Our focus is on delivering high value to our clients. We are committed to creating lasting relationships: from meeting the ever evolving short - mid-term financial needs of individuals, small businesses and associations, to providing equity capital and advisory services to businesses. We do this with an allegiance to transparency, predicated on building a legacy for future generations.

  • How do I qualify for a loan?
    • You should be between 22 and 59 years old.
    • You must run an account
    • You must live and work in Lagos State
    • You must have a verifiable source of income
    • You must have a clean Credit Bureau Report
  • What documents do I need to present to get a loan?
    • You should be between 22 and 59 years old.
    • You must run an account
    • You must live and work in Lagos State
    • You must have a verifiable source of income
    • You must have a clean Credit Bureau Report
  • How do I apply?
    • Online -
    • Mobile App - Pocketfuel (google play store image)
    • Telephone - 0702 660 7000
    • WhatsApp - 0903 204 0000 (whatsApp image)
  • How much can I get from Pocketfuel?

    Depending on your current capacity and risk profile, you can access up to ₦5 million.

  • Does Pocketfuel support businesses that are just starting?

    This is relative. We consider businesses that have complete registration documentation and at least 6 months of cash flow in their business account.

  • Will the details of my loan be disclosed to a third party?

    In case of default, we reserve the right to contact your employers, Next of Kin and involve a third-party collections body in an attempt to collect.

  • Are there any upfront payments to be made?

    There are no upfront payments or hidden charges at all.

  • Are there any associated fees?

    Outside of the interest, there are no other charges. Interest is charged flat on the amount disbursed.

  • My debit card is missing or expired?

    When you get a new debit card, please send us an email via to set up the new card.

  • Can I liquidate in part or in full before my repayment is due?

    Yes, please. You can confirm the liquidation amount from us and ask us to directly debit the amount from your account. Send an email to if you have further questions.

  • How do I make repayments on my loan?

    Repayments can be made directly into our account or through automatic debits via online Direct Debit Mandate or card.

  • Can I get another loan while one is still running?

    You can apply for a top up while your current loan is running.

  • There's been a second debit on my account?

    Please send us an email via with the evidence of your first payment. The second debit will be refunded on the same day.

  • Can I make payments before my repayment is due?

    Yes, please. Send us an email – about your intention to pay early and make the payment at least 24 hours before your due date to avoid a second debit.

  • Will I be charged for early liquidation?

    No. The amount due will only consist of the outstanding principal and accrued interest.

Advisory and Investments

  • What is the nature of our services

    At Pocketfuel, we are investors who specialize in funding and building young, innovative enterprises. We are long/short-term investors who take a hands-on approach with all of their investments and actively work with entrepreneurial management teams in order to build great companies.

  • What position does pocketfuel assume in the business wherein the company invest?

    Once the investment has been made, the Pocketfuel should be viewed as a partner. In terms of the aforementioned management position, this may come in the form of a seat on the company’s board of directors or via contributions to management decisions. It is the goal of Pocketfuel to see a return of 30 to 40 percent on the initial investment every year in which we are directly involved. For the company, this means an aggressive plan for growth must be implemented to meet these expectations.

    At Pocketfuel, our advisory services are tailored to each individual client's situation. As long as your budget is reasonable, we can work with it