What can a lender actually see when a business applies for asset finance?
What can a lender actually see when a business applies for asset finance? A construction company applies for R2.4 million to finance an excavator. You have their financials, a bank statement pack, and whatever your credit committee can establish about the directors. What you have very little of is any record of how this company […]
What South Africa’s fintech lending boom means for your loan book
Every growing lending business hits the same wall eventually. The systems that worked when you had 200 accounts start to strain at 2,000. Spreadsheets that once gave you confidence now leave you double-checking figures. And the market you’re operating in isn’t slowing down to wait for you to catch up. That’s the position a lot […]
Unlocking Revenue Potential with the Service Fees Module
Let’s talk money. More specifically, let’s talk about making more of it. In this world of finance, every cent counts. That’s where the Service Fees Module (SFM) comes in. Imagine a tool that can help you squeeze every last drop of profit out of your operations. That’s exactly what the Service Fees Module does. It’s like having […]
Revolutionising Processing Payments with SFI Evolve
Tired of payment headaches? Let’s talk about SFI Evolve software, a game-changer in the payment processing world. It’s not just about moving money from A to B; it’s about making your business life easier. SFI Evolve is like having a super-powered payment assistant. It handles all your payment needs in one place, from credit and debit cards to alternative payment […]
NCR given May deadline to review service fees on loans
The end of May is the deadline for the NCA to submit proposed changes to the monthly service fees that credit providers are allowed to charge on credit agreements.
