Drafting a strategy for your lending business
Drafting a strategy for your lending business requires more than setting growth targets, it involves making clear decisions about your market, risk appetite, product structure, and operational model. From defining your ideal borrower to aligning your credit policies and funding approach, every element must work together to support sustainable growth. A well-thought-out strategy not only guides day-to-day decisions but also helps lenders stay resilient in the face of changing market conditions and borrower behavior.
💪🏾 We partnered with Herconomy to give women a better future
Hello there! 👋 Happy new month and welcome to November! 🌞 November is here, reminding us that while the year may be winding down, the opportunities are not. As the days grow shorter, the chance to expand your lending business is still within reach. Whether you’re considering introducing new loan products, fine-tuning your existing ones, […]
Frequently asked questions on direct debit mandates for loan repayment
Direct debit mandates have become a common tool for loan repayment, helping lenders automate collections and reduce missed payments. But for many borrowers and even lenders, questions still arise around how these mandates work, what consent really means, and how disputes or cancellations are handled. From setup and authorization to compliance and customer protection, understanding the key aspects of direct debit is essential for building a smooth, transparent, and trustworthy repayment process.