If your employer won’t give you a staff loan, ditch them!
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How to utilize configurable loan forms for your lending business
Learn more about Lendsqr's configurable loan forms today!
Use multiple credit bureaus to double your protection
Relying on a single credit bureau can leave gaps in how you assess borrower risk. By using multiple credit bureaus, lenders gain a more complete view of a borrower’s financial behavior, helping to uncover inconsistencies, reduce blind spots, and improve decision accuracy. This layered approach not only strengthens fraud detection but also enhances confidence in credit decisions, making it a powerful strategy for lenders looking to protect their portfolio and lend more responsibly.
Get bank accounts and statements of your borrowers. Almost free.
Lending is a game of data – if you know as much as possible about your customer, you can make a good decision about whether to give a loan, how much to give, or even for how long to give or not to give. However, getting this data is harder than breaking a coconut with one’s head.
Meet Adjutor: Your critical support for making better credit decisions
Making the right credit decisions requires more than instinct, it demands access to reliable data, clear insights, and the right tools. Adjutor is designed to support lenders at this critical point, helping them assess risk, evaluate borrowers more accurately, and make smarter, faster decisions. By providing deeper visibility into credit behavior and simplifying complex data, Adjutor empowers lenders to reduce risk while maintaining efficiency and growth.
Reach more customers with the Lendsqr offline loan feature
As a digital lender, there are so many things to consider when creating your loan portfolio. How do you create the perfect products that would reach your ideal target customer? What if your target customer base may not be tech-savvy or does not have access to the internet at all? How do you cater to […]
Scaling lending: Leveraging Lendsqr’s loan invite for wider reach
As lenders look to expand their customer base and reach new potential borrowers, Lendsqr's loan invite method has provided an effective way.
Paystack vs. Flutterwave – which is better for loan collection?
Choosing between Paystack and Flutterwave for loan collection goes beyond pricing or popularity. For lenders, the real concern is how reliably repayments are collected, how flexible the payment options are, and how well each platform fits into existing workflows. This article breaks down how both providers handle recurring payments, direct debit, and transaction monitoring, helping you decide which is better suited for your loan collection needs.
FCCPC regulations for digital lenders
As digital lending continues to grow in Nigeria, regulatory oversight has become increasingly important to protect borrowers and ensure fair practices. The Federal Competition and Consumer Protection Commission (FCCPC) plays a key role in setting guidelines that digital lenders must follow, from registration requirements to ethical debt collection and data usage standards. Understanding these regulations is essential for lenders looking to operate responsibly and sustainably, while also building trust in a rapidly evolving credit ecosystem.
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.
Drafting a strategy for your lending business
Drafting a strategy for your lending business requires more than setting growth targets, it involves making clear decisions about your market, risk appetite, product structure, and operational model. From defining your ideal borrower to aligning your credit policies and funding approach, every element must work together to support sustainable growth. A well-thought-out strategy not only guides day-to-day decisions but also helps lenders stay resilient in the face of changing market conditions and borrower behavior.
