Answering your most asked questions

Answering your most asked questions

As requested, here are answers to some of the most frequently asked questions about your go to financial management app, Kolo.

How the bad debt expense formula helps lenders track risk
Lender information

How the bad debt expense formula helps lenders track risk

What starts as a basic calculation of bad debt becomes a useful tool to guide decisions across the lending cycle.

Drafting a strategy for your lending business
Lending

Drafting a strategy for your lending business

The business strategy is the foundation of every business, it provides guidance to what the organization is set-up to achieve. The first step towards building a strong lending business, with long-term sustainable growth is having a clearly defined strategy. In simple terms, your strategy tells your stakeholders (internal and external) what your organization will be […]