2021: The Credit and Loan Collections Future

The crisis  brought about by the ongoing pandemic has been transforming the way people do business, how they structure their lives, and already, 2021 is proving to be the year of the future. LoanCirrus, our cloud-based debtor management system, will transform your loan business by enabling it to remotely process and respond to millions of …

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How Has COVID-19 Changed Consumer Behaviour in the Financial Sector?

If there is one thing this pandemic has done, it’s making it very clear to businesses that if they are unable to do business without a physical location, they’re not fully taking advantage of digital advancements in their respective fields. For Lenders, in particular, the ability to Lend Without Branches, comes with many benefits: Grow loan portfolio …

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6 Ways Lenders Manage Fallout From Covid-19

Are you doing everything your lending business needs to do to manage the fallout from Covid-19? The Coronavirus pandemic poses a fundamental threat to lending institutions, particularly in the Microfinance space. Are you behind your competitors in dealing with this crisis? Find out key strategies and tactics that you may have missed. As an essential …

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This Metric Could Save Your Lending Business!

Everyday I speak with Lenders around the globe and I ask them the same simple question: What does a loan cost you? What is your cost per loan (CPL)? I’m always surprised how many do not have an answer. For most, a loan in any form (Mortgage, Credit Card, Consumer Loan, Micro-loan, Payday loan, Small Business …

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6 Brilliant Ideas to Grow Your Lending Biz

1. Know your Market If the loans are within a 50-mile radius of your office or a branch, it provides better insights into local dynamics. Integration with the market is key. By investing in verticals that you know and within a market you are familiar with, you are likely to increase your chances of success. …

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