How to use SeerBit with Lendsqr for loan repayment
FAQs

How to use SeerBit with Lendsqr for loan repayment

The last thing you want is chasing down repayments. That's why Lendsqr has partnered with SeerBit, one of Africa's payment champions.

Frequently asked questions on direct debit setup and authorization
Industry Information

Frequently asked questions on direct debit setup and authorization

Direct debit setup and authorization can be confusing for both lenders and borrowers, especially when it involves mandates, bank approvals, repayment schedules, failed debits, and consent requirements. This article answers some of the most common questions about direct debit systems, explaining how authorization works, how mandates are created and managed, what causes debit failures, and the best practices lenders should follow to ensure compliant and reliable repayment collections.

We built Lendsqr to innovate affordable credit for all
Company

We built Lendsqr to innovate affordable credit for all

At Lendsqr, our mission is to make credit accessible, affordable, and fair for all. In 2020, we pivoted to solve this problem, and by September, our first lenders were already reaping the benefits of cost-effective cloud lending at scale. We built a cloud lending ecosystem that goes beyond technology, offering powerful, automated features to streamline loan experiences and provide access to bank data that informs smarter lending decisions.