Lendsqr Logo

Expand your lending business with customer incentives

Human psychology indicates that human beings make purchase decisions based on emotions which are subsequently justified by rational suggestions. According to Simon Sinek, it’s easier to sell a product that’s emotionally charged. This is where incentives come in. Humans as consumers …
Lendsqr blog cover: expand your lending business with customer incentives
Culture is a critical requirement for any business to achieve its business objectives. As the popular saying goes, “culture eats strategy for breakfast”. Well-thought out strategies, processes, policies, frameworks and models; without an enabling culture won’t return desired corporate values for …
Interestingly, not every loan default is as a result of a lack of capacity to repay. There’s also the question of willingness. Actually, most loan defaults are due to borrowers’ unwillingness to repay. After years of abuse by recalcitrant debtors, Nigerian …