Equipment finance in South Africa: How lenders can tap into this growing market
Equipment finance refers to the various lending arrangements that allow businesses to acquire the tools they need such as machinery, vehicles, generators, IT hardware, or medical devices without having to make large upfront payments.
Are lenders evil for charging high interest rates?
The average lender today typically charges 4% — 10% per month (48% — 120% per year). Whoa. It makes you wonder how they recover loans at these rates. At first glance, it seems outrageous, even exploitative but there’s more to the story when you consider the risks and costs lenders face in Nigeria’s financial landscape.
Urgent10k: Meeting the emergency cash needs of Nigerians
Nigeria’s untapped consumer credit needs currently stands at about N109 trillion. Urgent10k is meeting the emergency cash needs of Nigerians


