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Bunmi Balogun

Business Loan 101: 5 reasons why lenders check your bank statement before giving you a loan

Lenders check your bank statement before giving you a business loan for a number of reasons. Here are some of the main reasons: Assessing your creditworthiness: Your bank statement can provide lenders with an overview of your financial health and history, including your income, expenses, savings, and debt. This information helps them to determine whether

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A LENDIGO GUIDE TO DOING BUSINESS IN NIGERIA.

The International Monetary Fund says that Sub-Saharan Africa will be home to the fastest growing economies. Nigeria, in Sub-Saharan Africa off the coast of West Africa, is the largest economy in Africa. With an estimated population of over 200 million people and a GDP of more than 45 trillion naira There is no doubt that doing business in Nigeria is

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3 steps to boost your credit score in this season.

The Christmas season is a special time of the year that is typically celebrated by Christians around the world. It is a time of joy and celebration, as well as a time for reflection and giving thanks. The Christmas season is traditionally observed from December 25th, which is the day that Christians celebrate the birth

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SMALL BUSINESS SURVIVAL TIPS

There’s no way around it — not all businesses can remain busy all year-round. Maybe you’re a retail outlet whose business booms around the holidays. Perhaps your business experiences infrequent lump sum payments with long periods between incoming payments. Whatever the reason, not every small business flourishes all year-round, and this can make the slow weeks

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