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Category: Lending

The Federal Competition and Consumer Protection Commission (FCCPC); the regulatory agency responsible for ensuring consumer protection and regulating competition in Nigeria, recently released a Limited Interim Regulatory/Registration Framework for Digital Lending. This regulatory framework is enforceable whilst they work on a …
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 …
Drafting a strategy for your lending business
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). As a lender, a big concern you’re often confronted with is “what if they …
API integrations to reduce NPL
Now that you’ve made the decision to become a lender, the next big decision you’ll have to make has to do with the loan software to use. Especially for lending digitally. Whether you decide to build your lending technology yourself or …
features of the best loan software
There are key lending business activities to monitor to ensure your lending business is on the right track. Generate reports of these activities  and review them daily for best results. Lending is serious and sensitive business and must be conducted with …
business activities lenders must monitor

Category: Lending