The power of lending APIs
Lending APIs allow lenders and financial platforms to connect the tools and services they need to run their operations without building everything from scratch. From loan applications and credit checks to payments, identity verification, and customer data, APIs can help different systems work together. This article explores the power of lending APIs, how they work, and the role they can play in building more flexible lending experiences.
The 3 best Freshdesk alternatives for customer management
People are looking for Freshdesk alternatives because when they need to upgrade their Freshdesk is a popular customer support platform, but its features, pricing, or setup may not be the right fit for every business. Depending on your needs, you may be looking for a tool with simpler workflows, better customer management features, stronger automation, or a different approach to team communication. This article explores three Freshdesk alternatives and what each one offers to help you choose the right option for managing customer relationships and support.
3 alternative data to credit report for enhancing underwriting quality
Traditional credit reports can give lenders useful insights into a borrower’s financial history, but they do not always tell the full story. Alternative data can help lenders assess borrowers with limited or incomplete credit histories and make more informed underwriting decisions. In this article, we explore three types of alternative data lenders can use to strengthen credit assessment, improve risk evaluation, and make better lending decisions.
7 reasons why most lenders fail within a year
Starting a lending business can be profitable, but many lenders struggle to survive their first year. From poor risk assessment and weak cash flow management to inadequate systems and regulatory challenges, several factors can quickly put a lending business at risk. In this article, we explore seven common reasons why most lenders fail within a year and what you can do to avoid them.
What are lending APIs and how do you get them?
Lending APIs are specialised APIs within the financial system designed specifically for lenders, who use them in part or in whole to decide loan approvals, onboard new borrowers, disburse loans, and collect repayments.
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 Artificial Intelligence (AI) can transform lending
It’s lending’s turn to experience this breakthrough, with companies like Lendsqr leading the charge. So, how will AI transform lending? Let's explore three key ways:
What is on-lending and how does it work?
While there are several ways to finance a lending business, on-lending remains one of the most underutilized methods, likely due to a lack of information.
6 features in your loan app that chase borrowers away
A poorly designed loan app can discourage borrowers long before they complete an application. This article explores six common features and user experience issues that drive users away, and explains how lenders can create faster, simpler, and more trustworthy digital borrowing experiences.
What is rent reporting and why is it important in Nigeria?
Learn what rent reporting is, how it works, and why it matters for building stronger credit systems in Nigeria. This guide explains how reporting rental payments can help tenants establish credit history, improve access to financial opportunities, and support lenders in making better-informed decisions. Whether you’re a renter looking to build your credit profile or a lender exploring better ways to assess borrowers, this article highlights the role of rent reporting in Nigeria’s evolving financial landscape.
Essential loan pricing strategies for every lender
Setting the right loan price is key to balancing profitability, competitiveness, and borrower affordability. This guide explores the essential loan pricing strategies every lender should understand, from risk-based pricing and interest rate models to fees, market conditions, and regulatory considerations. Whether you're launching a new lending business or refining your pricing approach, this article will help you build a sustainable lending strategy.
