5 lending business activities to monitor daily
There are key lending business activities to monitor to ensure your lending business is on the right track and these article gives you exactly what to track.
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.
How mobile SDK works for lending decisions
Lenders who are aware of the realities of credit in Nigerian use smart technologies called software development kits (SDK). They are able to program their mobile apps and offer some functionality they may otherwise not have access to.
5 Freshworks features to improve your customer support team’s productivity
Lendsqr recently partnered with Freshworks to give every lender on our platform $10k credit to use on their customer support channels
How to obtain a moneylenders’ license in Nigeria
Now that you have succeeded in your building efforts so far, you mustn’t forget the final hurdle. You need a moneylenders license to operate your lending business in Nigeria.
How to verify borrower’s ID
In a country where there’s a huge consumer credit gap, high inflation and poverty rates, loans are definitely in high demand. As a lender, this means you get a high influx of loan applications daily. And guess what? You have to verify the identities of every single borrower that passes through your funnel. Character is […]
How to assess loan applications for individual borrowers
Here's how to thoroughly assess loan applications for individual borrowers to reduce non-performing loans in your loan portfolio
How to start lending for free with Lendsqr
We provide the tools and expertise to help you lend and avoid common pitfalls, so you can focus on growing your customer base and building a successful lending business.
Boosting your lending app rating on Google and Apple app stores
Improving your lending app’s rating isn’t just about getting more stars; it’s about building trust, increasing visibility, and attracting the right users. This guide breaks down the practical steps lenders can take to boost app store ratings on Google and Apple, strengthen customer perception, and drive sustainable growth.
Lendsqr teams up with Freshworks, offering $10k credit to startup lenders
Lendsqr has partnered with Freshworks to bring advanced back-office tools that make it easier to deliver a seamless customer and employee management experience.
Why using bank statements is important for loan decisions
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).
