What is loan fraud and red flags to spot fraudulent borrowers
Lending comes with its risks, and adding tech into the mix can make things even trickier. Loan fraud has gotten pretty sophisticated, here's what you need to watch out for
What are lending APIs and how do you get them?
Lending APIs are specialised APIs within the financial system designed specifically for lenders, who use them in part or in whole to decide loan approvals, onboard new borrowers, disburse loans, and collect repayments.
Common mistakes lenders make when choosing a business model
The secret weapon of any thriving lending business is a smart business model. Unfortunately, lenders make mistakes when choosing one.
How Artificial Intelligence (AI) can transform lending
It’s lending’s turn to experience this breakthrough, with companies like Lendsqr leading the charge. So, how will AI transform lending? Let's explore three key ways:
Why we built our lenders’ web app and how it has changed lending forever
“It’s going to change lending forever and we’re not ashamed to say we will be the ones to do that.” Adedeji Olowe, Founder, Lendsqr
What is on-lending and how does it work?
While there are several ways to finance a lending business, on-lending remains one of the most underutilized methods, likely due to a lack of information.
5 key qualities borrowers look for in a lender
While countless articles detail what lenders want in a borrower, we've flipped the script to highlight what borrowers look for in a lender. So, what qualities convince a borrower that a lender is the right choice?
Finance house vs. Microfinance: An overview of digital lending license
To operate a lending business in Nigeria, you must get a license. Figuring out which license suits your needs can be tricky. So, it's necessary to understand what each license allows and doesn't allow.
4 ways in which Lendsqr wants to use AI for lenders
What if we could develop an AI tool for lenders to quickly sift through the information and make decisions easier and quicker?
5 things about the Nigerian Collateral Registry
SMEs need capital to grow, but traditional lenders require assets they might not possess. Here's where the Nigerian Collateral Registry (NCR) steps in.
6 features in your loan app that chase borrowers away
Let's explore these potential red flags and how to ensure your loan app attracts, rather than repels, the very customers it aims to serve.