A1 Credit: Using digital channels to give loans to Nigerians and SMEs
A1 Credit is helping millions of Nigerians and small businesses get access to credit without asking for an arm and a leg.
Paystack vs. Flutterwave – which is better for loan collection?
For anyone running a lending business, loan repayment from customers on time is the number one priority. Now that a significant portion of lending is digital, getting paid online is very critical. This is where many lenders get into arguments about which of Flutterwave or Paystack is better for loan collection. We decided to find […]
Preparing your income statement as a lender- management accounting 101
No one likes the boring routine of bookkeeping and punching in numbers; but management accounting is a highly important for your lending business.
Drafting a strategy for your lending business
The business strategy is the foundation of every business, it provides guidance to what the organization is set-up to achieve. The first step towards building a strong lending business, with long-term sustainable growth is having a clearly defined strategy. In simple terms, your strategy tells your stakeholders (internal and external) what your organization will be […]
APIs for lenders to reduce NPL
The threat that bad loans pose to lenders can’t be overemphasized. A lot of lenders have had to write off an alarming amount of non-performing loans (NPL). As a lender, a big concern you’re often confronted with is “what if they don’t pay back?” It’s imperative to be able to recover your loans. This is […]
How to report unethical lenders
Are you aware that you can report bad lenders who couldn’t possibly care less about conforming to lawful and responsible lending practices? We sincerely hope so. But we don’t live in an ideal world. As much as there are good and responsible lenders who recover loans ethically and understand that borrowers’ have a right to […]
How mobile SDK works for lending decisions
Are we the only ones who find it alarming that there are digital lenders who give out loans to Nigerians without a credit history? Where exactly is the confidence coming from? Many Nigerians don’t have a formal credit history but this is no surprise. The credit gap in Nigeria is N109 trillion wide and the […]
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.
Tell your lending story. Win N50,000! 🏆
We can bet that you will have at least one great lending story. Tell us today, win N50,000.
Lending as a side hustle: What I need to know
So, you want to branch out and earn some extra cash on the side. Becoming a small-scale lender might not have been the first idea on your list. Whatever your story is, the important thing is that you’re here to learn about lending as a side hustle
Why you need technology to scale your lending business
We’re in an age where technology shapes our lives. Technology impacts almost every sector of human life and businesses are not excluded. Today, technology is causing a revolution in the lending industry. For a long time, before technology improved the Fintech industry, banks were the known lending channels. But getting a loan from a bank […]
