Your core banking system isn’t your loan management system. Here’s the difference
Industry Information

Your core banking system isn’t your loan management system. Here’s the difference

If you have spent any meaningful amount of time in lending, you have likely heard someone ask the question, “Can’t our core banking system handle loans too?” On the surface, it seems like a fair point. Loans are essentially account balances. When a customer takes out a loan, the system records the disbursed amount as […]

What license do I need to lend?
Credit Laws

What license do I need to lend?

To own and operate a lending business in Nigeria, you need a license. However, knowing what license is right could be a little difficult. Understand which license best represents your business’s needs.

Effective loan collection for lenders in Sierra Leone
Lender information

Effective loan collection for lenders in Sierra Leone

Find out how to ensure loan repayments in Sierra Leone without turning every collection into a battle.