Frequently asked questions on direct debit mandates for loan repayment
Industry Information

Frequently asked questions on direct debit mandates for loan repayment

Direct debit mandates have become a common tool for loan repayment, helping lenders automate collections and reduce missed payments. But for many borrowers and even lenders, questions still arise around how these mandates work, what consent really means, and how disputes or cancellations are handled. From setup and authorization to compliance and customer protection, understanding the key aspects of direct debit is essential for building a smooth, transparent, and trustworthy repayment process.

Offline lending vs online lending: pros and cons
Industry Information

Offline lending vs online lending: pros and cons

Not to declare one better than the other, but offline and online lending have their benefits and drawbacks.

How to use Lendsqr for distributor financing
Finance

How to use Lendsqr for distributor financing

Distributor financing bridges the gap between manufacturers, suppliers, and distributors, accelerating trade and value creation. Lendsqr secures that bridge.