The possible upsides of making GSI the go-to loan repayment method
As lenders look for more reliable ways to recover loans, the Global Standing Instruction (GSI) framework presents a compelling repayment option. By allowing repayments to be recovered across a borrower’s bank accounts when obligations are due, GSI can reduce missed payments, improve collections efficiency, and strengthen lender confidence. For borrowers, it may also create access to better credit terms where repayment risk is lower. If adopted more widely, GSI could reshape repayment behavior and improve discipline across the lending ecosystem.
Should I lend to this customer? A guide to risk assessment
Every lending decision begins with a critical question: should you lend to this customer? The answer requires more than intuition, it depends on evaluating income, repayment capacity, credit history, existing obligations, and overall risk signals. Effective risk assessment helps lenders separate opportunity from avoidable loss, making it possible to grow responsibly while protecting the loan portfolio. With the right framework, lenders can make faster, smarter, and more consistent credit decisions.
What it takes to be a digital money lender
Becoming a digital money lender requires more than launching an app or offering quick loans online. It involves building the right mix of capital, regulatory compliance, credit assessment systems, repayment infrastructure, and customer trust. Successful digital lenders also need strong risk management, secure technology, and a clear understanding of borrower behavior in a fast-changing market. In an industry where speed matters but trust matters more, the foundations you build determine whether growth is sustainable.
Handle payment collection like a pro with direct debit
Direct debit feature simplifies the payment collection process and enhances the monitoring of transactions.
Driving growth: How Government can boost economy via credit ecosystem
Read about how the government can drive economic growth through the credit ecosystem
How direct debit is simplifying payment collection!
Read how direct debit is simplifying payment collection!
234Loan is transforming lives, one loan at a time
234Loan is redefining access to credit by making it faster, simpler, and more accessible for everyday borrowers. By providing quick loans with minimal barriers, the platform is helping individuals meet urgent needs, support small businesses, and navigate financial challenges with greater confidence. As their journey progresses, 234Loan has expanded its reach while navigating both challenges and milestones along the way. Let’s take a closer look at how it all started and the story so far.
Preparing your income statement as a lender- management accounting 101
Preparing an income statement as a lender goes beyond simple bookkeeping, it is a critical tool for understanding profitability, tracking performance, and making informed decisions. From interest income and fee revenue to loan losses and operating expenses, every line tells a story about how your lending business is performing. For lenders, especially those still building structure, getting this right is essential to managing risk, ensuring sustainability, and gaining clear visibility into where the business is truly making or losing money.
What is Lending-as-a-Service?
The first thing to note about lending-as-a-service (LaaS) is that it's in the business of technology. It's not a money lending business.
5 Freshworks features to improve your customer support team’s productivity
Lendsqr recently partnered with Freshworks to give every lender on our platform $10k credit to use on their customer support channels
Lendsqr teams up with Freshworks, offering $10k credit to startup lenders
Lendsqr has partnered with Freshworks to bring advanced back-office tools that make it easier to deliver a seamless customer and employee management experience.
