What really happens when a business defaults on a loan?
Borrower information

What really happens when a business defaults on a loan?

Defaulting on a loan is a stressful milestone for any business owner, but understanding the timeline can help you navigate the fallout.

FCCPC sets deadline for compliance
Industry Information

FCCPC sets deadline for compliance

According to the Commission, operators have had sufficient time to adjust. The Regulations took effect on 21 July 2025, so by January 2026, all lenders would have had more than five months to align their practices with the FCCPC.

What lenders should fix before increasing loan volume 
How to

What lenders should fix before increasing loan volume 

So before any lender decides to increase loan volume, there are a few things worth fixing first. Some are operational and financial, while some of them sit inside technology and team behaviour.