While SMEs are generally considered low-risk borrowers, given the ease of verifying their operations through cash flow assessments, on-ground assessments and more. Lending to them is not without its challenges. We’ve done the grunt work for you. Learn the strategies to avoid SME loan defaults as a Nigerian lender.| Lendsqr - Empowering the smartest lenders
This article takes a closer look at how SME lending software supports both lenders and businesses, where progress is already visible, and the issues that still need attention.| Lendsqr - Empowering the smartest lenders
Loans are frequently tied to collateral. However, what isn’t commonly known is that not all loans require it. So how do lenders handle such risky loans?| Lendsqr - Empowering the smartest lenders
Lendsqr has taken a bold step to make lending more secure and effective by offering a feature that allows lenders to link multiple credit bureaus services. This innovative feature is a game-changer for the lending industry in Nigeria, where access to accurate credit information is vital for managing credit risk and reducing non-performing loans. At| Lendsqr - Empowering the smartest lenders