Credit union vs Money lenders: A comparative overview
Your rent is due in a few days, or your business needs a quick cash injection to restock inventory. Maybe it’s a medical emergency, and you need funds immediately. Where do you turn? Traditional banks? Not always an option, especially when you don’t have the collateral, credit history, or time to go through the long […]
What are lending APIs and how do you get them?
Lending APIs are specialised APIs within the financial system designed specifically for lenders, who use them in part or in whole to decide loan approvals, onboard new borrowers, disburse loans, and collect repayments.
What is the Credit Guarantee Scheme (CGS)
By covering part of the risk, the Credit Guarantee Scheme makes it easier for banks to offer better loan terms; larger amounts, longer timelines, and lower collateral requirements.