Common mistakes lenders make when choosing a business model
The secret weapon of any thriving lending business is a smart business model. Unfortunately, lenders make mistakes when choosing one.
How Artificial Intelligence (AI) can transform lending
It’s lending’s turn to experience this breakthrough, with companies like Lendsqr leading the charge. So, how will AI transform lending? Let's explore three key ways:
Why we built our lenders’ web app and how it has changed lending forever
“It’s going to change lending forever and we’re not ashamed to say we will be the ones to do that.” Adedeji Olowe, Founder, Lendsqr
What is on-lending and how does it work?
While there are several ways to finance a lending business, on-lending remains one of the most underutilized methods, likely due to a lack of information.
5 key qualities borrowers look for in a lender
Borrowers are looking for more than access to funds. They want lenders they can trust, communicate with easily, and rely on when they need financial support. From transparent terms and fair pricing to responsive customer service and a simple borrowing process, these qualities can shape a borrower’s experience and influence their decision to return. Here are five key qualities borrowers look for in a lender.
Finance house vs. Microfinance: An overview of digital lending license
To operate a lending business in Nigeria, you must get a license. Figuring out which license suits your needs can be tricky. So, it's necessary to understand what each license allows and doesn't allow.
4 ways in which Lendsqr wants to use AI for lenders
Artificial intelligence is transforming how lenders evaluate risk, automate operations, and serve borrowers. This article explores four ways Lendsqr is leveraging AI to help lenders improve credit decisions, streamline workflows, reduce manual effort, and deliver faster, more personalized lending experiences.
5 things about the Nigerian Collateral Registry
The Nigerian Collateral Registry plays a key role in expanding access to credit by enabling lenders to register and verify security interests in movable assets. This article highlights five important facts about the registry, how it works, and why it matters for lenders, borrowers, and the broader financial ecosystem.
6 features in your loan app that chase borrowers away
A poorly designed loan app can discourage borrowers long before they complete an application. This article explores six common features and user experience issues that drive users away, and explains how lenders can create faster, simpler, and more trustworthy digital borrowing experiences.
How to use Monnify with Lendsqr for loan repayments
Learn how to integrate Monnify with Lendsqr to automate loan repayments, simplify collections, and improve repayment success rates. This guide walks you through the setup process, explains how Monnify's payment infrastructure works with Lendsqr, and highlights best practices for creating a seamless repayment experience for both lenders and borrowers. Whether you're launching a new lending business or optimizing your existing collections process, this step-by-step guide will help you get started.
What is debt forgiveness and how does it work?
Learn what debt forgiveness is, how it works, and what it means for borrowers and lenders navigating repayment challenges. This guide explores the different approaches to debt forgiveness, the situations where it may apply, and the factors to consider before choosing this option. Whether you’re struggling with existing debt or looking to better understand debt relief solutions, this article will help you understand how debt forgiveness works and what to expect throughout the process.
