Author: Mayo Deji Omotayo

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 …

Mayo Deji Omotayo

Growth marketing, Lending

Customer count or profitability: which is more important for a lender?

Running a lending business, as is the case with running any other business, requires business owners to make some tough decisions. Most lenders, especially those new to the lending business, are typically faced with the high-consequence question: “What should I primarily …

Mayo Deji Omotayo

How to

How to grow your customer base as a lender

Having a large customer base is the goal of every business. Not only is it one of the pillars of growth, it also allows a lender to diversify their revenue base. A solid customer base is a sign of a healthy …

Mayo Deji Omotayo

How to

Building the right culture in your lending business

Culture is a critical requirement for any business to achieve its business objectives. As the popular saying goes, “culture eats strategy for breakfast”. Well-thought out strategies, processes, policies, frameworks and models; without an enabling culture won’t return desired corporate values for …

Mayo Deji Omotayo

How to

Fund your lending business with on-lending facilities

The credit gap in Nigeria is massive, at over 74 trillion. However, there are still not enough loans to go around for everyone who needs them. Beyond the tech to scale, lenders also need the capital to lend. How many loans …

Mayo Deji Omotayo

Growth marketing

Differentiate your lending business through customer experience

At our last count, we found over 200 loan apps in Nigeria and without a doubt, many more lenders are still building behind the scenes, getting ready to launch. Even though the wide credit gap means there are many potential customers …

Mayo Deji Omotayo

Growth marketing, Product

Device finance in Nigeria: A case for BNPL

The business of today is no longer a physical place but in millions and billions of devices all over the world. . Even more interesting is the fact that, in Nigeria, lots of software developers, creatives, etc. are able to work …

Mayo Deji Omotayo

Information

CBN’s Global Standing Instruction explained

Interestingly, not every loan default is as a result of a lack of capacity to repay, but there’s also the question of willingness. Actually, most loan defaults are due to borrowers’ unwillingness to repay. After years of abuse by recalcitrant debtors, …

Mayo Deji Omotayo

Information, Lending

5 documents you need to get a money lending license in Nigeria

Lending is a profitable business whose economic significance can’t be disregarded. There are a few hurdles to scale to become a lender and getting a license is one of them. Lenders need to be licensed, if not, they can’t start a …

Mayo Deji Omotayo

Information, Lending

5 must-have API integrations for lenders to reduce NPL

The threat that bad loans pose to lenders can’t be overemphasized. A lot of lenders have had to write off an alarming amount of non-performing loans (NPL). Before going into the money lending business, the biggest concern you might have been …

Mayo Deji Omotayo

Author: Mayo Deji Omotayo

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 …

Mayo Deji Omotayo

Growth marketing, Lending

Customer count or profitability: which is more important for a lender?

Running a lending business, as is the case with running any other business, requires business owners to make some …

Mayo Deji Omotayo

How to

How to grow your customer base as a lender

Having a large customer base is the goal of every business. Not only is it one of the pillars …

Mayo Deji Omotayo

How to

Building the right culture in your lending business

Culture is a critical requirement for any business to achieve its business objectives. As the popular saying goes, “culture …

Mayo Deji Omotayo

How to

Fund your lending business with on-lending facilities

The credit gap in Nigeria is massive, at over 74 trillion. However, there are still not enough loans to …

Mayo Deji Omotayo

Growth marketing

Differentiate your lending business through customer experience

At our last count, we found over 200 loan apps in Nigeria and without a doubt, many more lenders …

Mayo Deji Omotayo

Growth marketing, Product

Device finance in Nigeria: A case for BNPL

The business of today is no longer a physical place but in millions and billions of devices all over …

Mayo Deji Omotayo

Information

CBN’s Global Standing Instruction explained

Interestingly, not every loan default is as a result of a lack of capacity to repay, but there’s also …

Mayo Deji Omotayo

Information, Lending

5 documents you need to get a money lending license in Nigeria

Lending is a profitable business whose economic significance can’t be disregarded. There are a few hurdles to scale to …

Mayo Deji Omotayo

Information, Lending

5 must-have API integrations for lenders to reduce NPL

The threat that bad loans pose to lenders can’t be overemphasized. A lot of lenders have had to write …

Mayo Deji Omotayo

Solutions

Industries

Channels

Resources

Company

Lendsqr.com is a property of Lending Technologies Limited, duly registered on November 7, 2018, with RC 1539403 and operates under the laws of the Federal Republic of Nigeria. Lendsqr.com is NOT a lender, does not make offers for loans, and does not broker online loans to lenders or lending partners. Lendsqr.com is not a representative or agent of any lender or lending partner. Lendsqr.com is a lending-as-a-service cloud platform for licensed lenders. These disclosures are intended for informational purposes only and should not be construed as or considered legal advice.