How to use Lendsqr APIs to power your loan app
Engineering

How to use Lendsqr APIs to power your loan app

A typical loan app primarily involves three (3) key things: Onboarding, Decisioning, and Payment. Use Lendsqr API to make this a reality.

7 strategies to avoid SME loan defaults as a Nigerian Lender
How to

7 strategies to avoid SME loan defaults as a Nigerian Lender

While SMEs are generally considered low-risk borrowers, given the ease of verifying their operations through cash flow assessments, on-ground assessments and more. Lending to them is not without its challenges. We’ve done the grunt work for you. Learn the strategies to avoid SME loan defaults as a Nigerian lender.

Why using bank statements is important for loan decisions
How to

Why using bank statements is important for loan decisions

Perhaps the greatest head-scratcher for lenders is the fact that an average Nigerian doesn’t have a credit report (yikes!) but bank statements have proven to be a solid tool for assessing a borrower’s capacity to take a loan. Sometimes, it may even be a means of assessing their character as well (Interesting right? Stay tuned). […]