What are virtual accounts and how do they work?
FAQs

What are virtual accounts and how do they work?

From understanding their inception to deciphering their inner workings, come with us as we explore the ins and outs of virtual accounts especially in Nigeria. 

Lendsqr vs Evolve Credit: Which loan management software is right for you?
Industry Information

Lendsqr vs Evolve Credit: Which loan management software is right for you?

Due to the abundance of available choices, selecting the right loan management platform, be it Evolve Credit or Lendsqr, requires careful consideration.

How to use myBankStatement with Lendsqr for credit scoring
How to

How to use myBankStatement with Lendsqr for credit scoring

The goal is to understand an individual's cash flow and overall financial capacity. Bank statements ideally offer the most granular data for this assessment.

How to spot risky loan guarantors and protect yourself as a lender
How to

How to spot risky loan guarantors and protect yourself as a lender

A loan guarantor is basically like a secondary borrower. If they can't pay up when the borrower defaults, then having them as a guarantor is pointless.

6 practical tips to reduce loan processing times
How to

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.

5 best Paystack alternatives for card payment in Nigeria
Finance

5 best Paystack alternatives for card payment in Nigeria

When it comes to getting paid as a lender, having a dependable card payment solution is paramount. So, if you're curious to find the right fit for your lending business, come along.

How to obtain a lending license in Rwanda
How to

How to obtain a lending license in Rwanda

As a lender getting the hang of the lending industry in Rwanda today, a thorough understanding of the legal frameworks is required.

10 intriguing facts about Lendsqr
Company

10 intriguing facts about Lendsqr

Lendsqr is way more than a loan management platform. At the core of our services is a story. One woven with threads of innovation and, some might say intrigue. 

What collateral do you need to protect your loan business?
Information

What collateral do you need to protect your loan business?

Lenders need to be smart about what kind of collateral they accept, but they also want to make sure that all sorts of businesses and people have a chance to get the loans they need to grow.

Make Better Informed Decisions

Our decision model Oraculi helps you handle all modules required to form the decision model for your lending business, convenient and easy.

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How to use Route Mobile with Lendsqr for sending SMS
How to

How to use Route Mobile with Lendsqr for sending SMS

Once you have your Route Mobile API key, log in to your Lendsqr account. Reach out to our product support team at [email protected] and get set up in 10 minutes.

How we use Metabase to power our internal reporting
Engineering

How we use Metabase to power our internal reporting

Metabase team deserves immense credit and we, at Lendsqr, are incredibly grateful to them. Their open-source platform is one of the best things we've ever gotten for free from the open source world.

How to set up CRC Credit Bureau for Lendsqr
Engineering

How to set up CRC Credit Bureau for Lendsqr

One of the most critical tools you must have in your arsenal as a lender, is a credit bureau(s). Learn how to set up CRC Credit Bureau for Lendsqr.