Can I use a cooperative license to lend in Nigeria?
License

Can I use a cooperative license to lend in Nigeria?

One question that prospective Nigerian lenders always ask is if it’s legal to use a cooperative license to lend. Yes, it is.

How to spot risky loan guarantors and protect yourself as a lender
How to

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.

How Lendsqr helped Sterling Bank use SnapCash to bridge the credit divide
Lender case study

How Lendsqr helped Sterling Bank use SnapCash to bridge the credit divide

We sat down with the Sterling team and ideated. Born from a single loan product, the name SnapCash resonated better with Sterling Bank's one goal — to provide cash to the average Nigerian at the snap of their finger. Thus, SnapCash came into being.