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

Preparing your income statement as a lender- management accounting 101

No one likes the boring routine of bookkeeping and punching in numbers; but management accounting is a highly important for your lending business.

7 effective debt collection practices and legal considerations
How to

7 effective debt collection practices and legal considerations

When you choose effective debt collection practices, treat debtors with respect and adhere to the law, you're more likely to collect what you're owed. 

Which is better for loan repayments: Cards or Direct Debit?
Lending

Which is better for loan repayments: Cards or Direct Debit?

A lender’s worst nightmare is being unable to recover loans. This fear has a compelling hold on lenders that many have resorted to scare tactics, harassment and misusing borrowers’ data to force repayment. More often than not, adopting these unethical methods of loan recovery exposes the dire need for improvement of the lenders’ system for […]