How to secure a loan without collateral
Loans are frequently tied to collateral. However, what isn’t commonly known is that not all loans require it. So how do lenders handle such risky loans?
Customer count or profitability: which is more important for a lender?
Running a lending business, as is the case with running any other business, requires business owners to make some tough decisions. Most lenders, especially those new to the lending business, are typically faced with the high-consequence question: “What should I primarily focus on -growing my customer count or growing profitably?” The former is concerned with […]
6 practical tips to reduce loan processing times
Fast loan processing doesn’t mean approving all loan requests, but deciding if a loan should be approved or not shouldn’t take forever.