Why are Audits Important? Why are audits important? An audit is important because it provides credibility to financial statements in your company. The credibility provided by an audit goes a
According to statistics shared at the recent World Government Summit, only 7% of bank loans are taken by SMEs in the Middle East.
This is despite the fact that over 90% of Middle Eastern companies are small and medium enterprises.
Clearly, SMEs shy away from traditional financing due to challenges such as too much paperwork, lengthy processing periods, unattractive interest rates, etc.
Lendo understands the challenges SMEs face when it comes to financing, and wants to help you fly your business to newer heights with our invoice financing solutions. We connect SMEs directly to investors and watch magic happen.
We’re a technology company built on the belief that innovative, creative solutions deliver more value and a better experience.
We’re leading the governance of a new industry, developing ethical, responsible ways to bring greater value and better opportunities to customers.
While it allows SMEs to grow instead of worry by helping them land affordable short-term financing, it also gives investors a chance to contribute to the thriving economy of the Middle East.
Saudi Arabia’s Vision for the future has three pillars, the second pillar aims to improve the business environment of the country by widening and strengthening investment and employment opportunities.
We have strong faith in the businesses and entrepreneurs of this country, and plan to help them flourish through our invoice financing solutions.
Lendo has positioned itself directly in line with this ambitious idea, and our joining our platform is your first step to achieving a more stable and independent economy with us.
Keen on learning more about P2P financing? The Lendo blog is all about the latest juice on market trends, best practices, and the lending industry news contributed by our fintech experts. Happy lending, borrowing, and reading!
Why are Audits Important? Why are audits important? An audit is important because it provides credibility to financial statements in your company. The credibility provided by an audit goes a
Early loan settlement Small businesses require funds to meet different business operating expenses and capture the scope of opportunities and growth. It is difficult for small businesses to meet the
financial advisor Small business owners struggle in managing business finances, finding appropriate sources of funds, and making proper business investments. In this case, a financial advisor can always help the
Business growth is one of the key goals of most small businesses. Business growth is always exciting for small business owners because higher growth leads to an increase in production,
Determining the loan amount needed for the business is a great challenge for the SME owners because getting a loan lower than the required will not fulfill the business’s capital
As an entrepreneur or a business owner, loan management is a skill that you will need to master. Whether you are just starting out or are an established business, there
We are hiring
Exp – 4 to 6 years
Creative person who can lead a team to work on a cutting edge project
Exp – 2 to 8 years
Creative person who can lead a team to work on a cutting edge project
Exp – 0 to 1 year
Creative person who can lead a team to work on a cutting edge project
RISK WARNING
The competent finance team at Lendo evaluates the credentials of each business before finalizing a user agreement. As a buyer-centric entity, Lendo adheres to a set of compliance practices and mechanisms to ensure that only authentic listings are featured on the platform for funding purposes. Nonetheless, it is imperative for investors to understand that they are lending to SMEs which maybe at the early-stages of establishing their presence in the industry. Therefore, the level of risk associated with such investments is higher which could also result in a potential loss and delays in repayment. It is necessary to understand that you could lose your money.
Investment through Lendo involves financing to small and medium sized businesses, so your investment can go down as well as up.
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