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.

Preparing your income statement as a lender- management accounting 101
How to

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.

The hidden costs of cheap lending software
Lender information

The hidden costs of cheap lending software

What many lenders discover later is that “cheap” often means paying the same money in other ways, only with more stress involved.