The need for financial models to build a successful loan business
A successful lending business is built on more than just capital and customers—it requires a strong financial model. Financial models help lenders forecast revenue, assess risk, manage liquidity, understand profitability, and make informed growth decisions. Whether you're launching a new lending operation or scaling an existing one, having a clear financial model provides the visibility needed to balance growth with sustainability and avoid costly mistakes.
Important regulators every Nigerian lender should know
Operating a lending business in Nigeria requires more than capital and customers, it also requires compliance with the country's regulatory framework. From licensing and consumer protection to data privacy and credit reporting, several regulators play important roles in overseeing lending activities. Understanding who these regulators are and what they require can help lenders avoid penalties, build trust with borrowers, and operate sustainably in an increasingly regulated financial ecosystem.
We built Kolo to help you tame your bank accounts
The average Nigerian today has about three bank accounts, and most often than not, being able to see all bank balances across means juggling through bank apps, SMS alerts, email notifications. And when things go really bad, you start digging through pages of bank statements. Yet, even with these, it’s difficult to find everything. It’s […]
How to use Lendsqr for distributor financing
Distributor financing is an established method of providing credit, presenting a viable business model for lenders. This method bridges the gap between manufacturers, suppliers, and distributors, accelerating trade and value creation.
Essential platforms and tools to automate your lending business
Running a lending business manually can slow growth, increase operational costs, and expose lenders to unnecessary risk. The right technology stack can automate everything from customer onboarding and credit checks to loan disbursement, collections, reporting, and customer support. This guide explores the essential platforms and tools lenders need to streamline operations, improve borrower experiences, and scale efficiently in today's digital lending landscape.
How Lendsqr helped Sterling Bank use SnapCash to bridge the credit divide
Access to credit remains a challenge for millions of underserved consumers, even as financial institutions seek new ways to expand lending responsibly. Through SnapCash, Sterling Bank partnered with Lendsqr to build a digital lending experience that makes credit faster, more accessible, and easier to manage. By combining automated loan origination, credit decisioning, and seamless repayment infrastructure, the partnership helped bridge the gap between borrowers and the financial support they need, while enabling Sterling Bank to scale lending efficiently and securely.
What is a loan management software?
A loan management software is a platform that helps lenders automate and manage the entire lifecycle of a loan, from application and approval to disbursement, repayment, and collections. Instead of relying on spreadsheets and manual processes, lenders can use loan management software to streamline operations, improve borrower experiences, reduce risk, and gain better visibility into their loan portfolios. Whether serving consumers, small businesses, or enterprises, the right loan management system enables lenders to scale efficiently while maintaining control and compliance.
How to use Remita for your loan repayments on Lendsqr
As a digital money lender, you want to make getting paid a breeze for you and your customers. Direct debit is one of the best ways to get repaid. In Nigeria today, Remita happens to be one of the leading direct debit providers.
How to use Paystack for your loan repayments on Lendsqr
As a digital money lender, you need different technologies to ensure you get paid back. Lendsqr has done a fantastic job of making all these technologies available to you. Paystack happens to be one of the companies we’ve integrated with and is available to all our lenders.
How to restructure loans and work with struggling borrowers
Loan restructuring is a common aspect of being a money lender. Borrowers, with sincere intentions to repay, often face hurdles such as economic shifts, unexpected emergencies, and other unforeseen circumstances. So, here are the ways you can help restructure loans for these borrowers.
How we dumped SendGrid, built Mailer and solved our email delivery troubles
When we started Lendsqr, like every right thinking startup, we relied on SendGrid, which is well-regarded as one of the top email systems globally. While it served us well, as we grew, we found it didn't fully meet all our needs and those of our lenders anymore. After weighing the pros and cons, we knew it was time to find an alternative. So, we began building what the world would soon know as Mailer.
