LENDSQR Loan app: App download, Signup, Login, how to apply, Interest Rates, loan ussd code, customer care
In the dynamic landscape of lending, the complexities faced by both borrowers and lending businesses are undeniable. However, a beacon of simplicity has emerged in the form of Lendsqr, a digital lending platform tailored for small and medium-sized lenders. In this blog post, we’ll delve into the features, services, and benefits that make Lendsqr a game-changer in the lending industry.
Unveiling Lendsqr: A Game-Changer for Lenders
Overview:
Founded in 2018 by a team of financial experts, Lendsqr is a privately held digital lending platform designed to empower small and medium-sized lenders. Offering smart features at zero upfront cost, Lendsqr facilitates seamless lending processes across web, mobile, API distributions, and USSD, covering the entire loan life cycle from origination to recovery.
Services Offered by Lendsqr:
- Credit Scoring: Lendsqr integrates a customizable credit scoring model to evaluate borrower worthiness, streamlining decision-making processes for lenders.
- Origination: Experience a digitalized loan origination process with paper-free applications, algorithm-driven scoring, and automated disbursements and recovery.
- Collections: The platform boasts an automated loan recovery engine that ensures timely collections from borrowers’ accounts, enhancing security through a card-driven process.
- Disbursements: Lenders gain control over loan disbursements, with the flexibility to accept or decline loans manually or automatically.
- Red-gating & Green-gating: Tighten security with preliminary checks, blocking individuals who don’t meet criteria, while also prequalifying users for special perks.
Registration Process:
To register on Lendsqr:
- Visit their website: www.lendsqr.com
- Click on the ‘sign up for free’ toolbar.
- Fill in the registration form with your details and submit.
Documents needed for registration include a valid identification card, BVN, and details of your loan business, along with basic personal information.
Understanding Karma on Lendsqr:
Karma is Lendsqr’s privately-sourced blacklist engine, serving as a safeguard against scammers and bad actors within the Nigerian financial ecosystem. It gathers, tracks, and distributes credit profile data to protect your loan business.
Mobile Accessibility:
As of now, Lendsqr does not have a mobile app. All services can be accessed through their web platform.
Contacting Lendsqr:
- Address: 4 Perez Dr, Lekki Phase 1 106104, Lagos
- Website: www.lendsqr.com
- Email Address: support@lendsqr.com
- Phone Number: +234 1 700 5282
Conclusion:
Lendsqr stands as a beacon for small and medium-sized lenders, providing the necessary tools to navigate the lending landscape securely and effortlessly. Whether it’s credit scoring, origination, collections, or disbursements, Lendsqr simplifies the lending process, making it an indispensable ally for lenders in today’s competitive market. Discover the future of lending with Lendsqr.