Why GSI fails for borrowers with unpredictable income
Industry Information

Why GSI fails for borrowers with unpredictable income

Today, we’ll be highlighting three major challenges lenders may encounter when using GSI to recover loans from borrowers with unpredictable income:

Can I use a state money lending license to lend anywhere in Nigeria?
License

Can I use a state money lending license to lend anywhere in Nigeria?

As a lender new to the game, one of the foremost questions you’re likely to have is how possible it is to use a state money lending license to lend anywhere and to anyone in Nigeria, especially with the rise of digital lending.

What is escrow-based lending?
How to

What is escrow-based lending?

At its core, escrow-based lending is a financial arrangement where a neutral third party holds funds, documents, or assets on behalf of both lender and borrower, and only releases them when predefined conditions are met.