How to spot risky loan guarantors and protect yourself as a lender
A loan guarantor is basically like a secondary borrower. If they can't pay up when the borrower defaults, then having them as a guarantor is pointless.
Common mistakes lenders make when choosing a business model
The secret weapon of any thriving lending business is a smart business model. Unfortunately, lenders make mistakes when choosing one.
How the bad debt expense formula helps lenders track risk
What starts as a basic calculation of bad debt becomes a useful tool to guide decisions across the lending cycle.
