Lendsqr – The process of lending money to borrowers can be a difficult one for both the lender and the borrower. On the other hand, Lendsqr has made the procedure easier to complete for small and medium-sized lenders. The platform gives users access to the tools they need to complete the lending process quickly and easily. Everything you need to know about Lendsqr is included in this article.
Brief Overview of Lendsqr
Lendsqr is a digital lending platform that provides small and medium-sized lenders with access to a variety of intelligent features at no initial cost. The platform makes it easier for lenders to make large-scale loans across multiple channels, including the web, mobile, API distributions, and USSD. Because it encompasses the entirety of the loan life cycle, from loan origination to recovery, Lendsqr makes the process completely seamless for lenders. LEARN Biu Money Loans Zambia – How to Register & Apply for Loan.
Lendsqr is a company that was established in 2018 by a group of professionals who have extensive experience in the financial industry. The company provides lenders with access to tools that make it easier for them to manage their lending businesses.
What Kind of Services Can You Expect From Lendsqr?
Lendsqr provides a wide variety of loan services to simplify the process of obtaining a loan for its customers. Among these services are also:
1. Evaluation of Credit
Lendsqr incorporates a credit scoring model, which rates your prospective borrowers and streamlines the decision-making process for you. It can be altered in any way you like in order to fulfill your particular needs.
2. Origination
Enjoy a completely paperless and streamlined process for the origination of loans with the help of Lendsqr’s digital platform. You can manage every aspect of your lending business, from algorithm-driven easy scoring to auto loan disbursements and recovery, with a stress-free system that ensures you are always covered. This allows you to manage every aspect of your lending business.
Collections The automated loan recovery engine provided by Lendsqr will withdraw the agreed-upon amount of money from the borrower’s account on the agreed-upon due dates on your behalf. The use of cards as part of the collection process helps to ensure the highest possible level of safety. SUGGESTED How to borrow money from palmpay, Loan Requirements, Loan Repayment & Palmpay Support
3. Disbursements
Lendsqr gives you complete command over the distribution of loan funds. This gives you the ability to manually accept or decline loans as well as use an automatic process.
4. Both the Red Gate and the Green Gate
You are able to increase the level of security on Lendsqr by blocking users who do not pass the initial checks that you set up. You can also prequalify users for special perks and make them eligible for your loans through your platform.
How do I go about registering for Lendsqr?
In order to sign up for Lendsqr, simply follow these easy steps:
You can access their website at www.lendsqr.com and log in.
1. Simply select the “sign up for free” toolbar from the menu.
2. Fill in your information in the registration form, and then send it in.
What Forms of Identification Am I Required to Have in Order to Sign Up for Lendsqr?
In order to register on Lendsqr, you are going to need a current identification card, your BVN, and specifics regarding your loan company. Your name, address, email address, and phone number are some of the basic details that are required for registration. Other essential documents include:
How does Karma work on Lendsqr?
Karma is an engine that is privately sourced and is used by Lendsqr. It is easily accessible to all parties involved in the Nigerian financial ecosystem. The purpose of this blacklist engine is to collect, keep track of, and disseminate credit profile data to the various collaborators working under it. You can keep dishonest people from taking advantage of your lending business if you use Karma. RELATED How to borrow money from palmpay, Loan Requirements, Loan Repayment & Palmpay Support
FAQ about Lendsqr
Does Lendsqr Have a Mobile App?
No, Lendsqr does not currently offer a mobile app at this time. On the other hand, you can access all of their services through their website’s platform.
Where can I send a message to Lendsqr?
The following are some of the ways in which you can get in touch with Lendsqr:
4 Perez Drive, Lekki Phase 1 106104, Lagos, Nigeria Website: www.lendsqr.com
Support can be reached via email at [email protected].
Phone Number: +234 1 700 5282
Final Note
Lendsqr is an online lending platform that serves the needs of local and regional lenders of all sizes. The platform offers all of the tools that are required to be successful in the modern world.
