How to get a lending license in Sierra Leone
License

How to get a lending license in Sierra Leone

If you operate without a lending license in Sierra Leone, you shall be punishable by a fine not exceeding Le5,000,000, or by imprisonment for a term not exceeding 180 days, or both.  But, that’s not the only reason why you need one, right?  Predatory lending thrives in markets with no regulation. While there may be […]

Loan business vs. Lending business: A difference every lender should know
Lender information

Loan business vs. Lending business: A difference every lender should know

One is run as a corporate machine with risk and compliance models, and the other is based on flexibility, personal contact, and sometimes punitive penalties for non-repayment.

Lendsqr vs Evolve Credit: Which loan management software is right for you?
Industry Information

Lendsqr vs Evolve Credit: Which loan management software is right for you?

Due to the abundance of available choices, selecting the right loan management platform, be it Evolve Credit or Lendsqr, requires careful consideration.