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
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.
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.