Frequently Asked Questions about Finance house license
FAQs

Frequently Asked Questions about Finance house license

Below are the most common questions lenders ask when considering a Finance House license.

How to get a lending license in Sierra Leone
License

How to get a lending license in Sierra Leone

If you operate without a lending license in Sierra Leone, you shall be punishable by a fine not exceeding Le5,000,000, or by imprisonment for a term not exceeding 180 days, or both.  But, that’s not the only reason why you need one, right?  Predatory lending thrives in markets with no regulation. While there may be […]

How to secure your MFB license in Nigeria
License

How to secure your MFB license in Nigeria

When it lending is large-scale, the options are usually finance houses and MFBs. Today, we’ll cover the processes and requirements to obtain the MFB license.