Finance house vs. Microfinance: An overview of digital lending license
License

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.

How to sell your loan products
Lending

How to sell your loan products

In our posts on getting your lending business up and running, we mentioned that the next step after creating your loan products was to invite borrowers to view and apply for them. In this post, we will be talking a bit about that process, which is really all about “selling” your loan products.

How to comply with FCCPC’s new consumer lending regulations
Industry Information

How to comply with FCCPC’s new consumer lending regulations

If you gain any form of benefit from a lending transaction, whether in cash, goods, commissions, or barter, the FCCPC considers you covered under these regulations.