LENDERS KYC KIT - CREDIT RISK ASSESSMENT TEMPLATES

KNOW YOUR CUSTOMER BEFORE YOU LEND (The KYC Stage)

Before you approve a loan or transfer a single naira, you need to know who you are lending to.

• Who is this borrower?
• What does the borrower do?
• Can they repay?
• Where can you find them if things go wrong?
• Who stands behind the loan?
• What information have you verified?

These questions should be answered BEFORE the money leaves your account.

And that is what the KYC Stage is designed to do.

It is the stage where you collect, verify and assess the information you need to make a more informed lending decision.

YOUR LENDERS KYC KIT SHOULD INCLUDE:

✔ Customer Information Form

✔ Loan Application Form

✔ Business Information Form

✔ Guarantor Information Form

✔ Collateral Information Form

✔ Spouse & Next of Kin Information Form

✔ Bank Account Verification Form

✔ Credit Risk Assessment Form

✔ Borrower Verification Checklist

✔ KYC Update & Reverification Form

BONUS: Essential Legal Documents for Private Moneylenders (E-Guide)

DON'T JUST COLLECT INFORMATION.

USE IT TO MAKE BETTER LENDING DECISIONS.

A borrower's application may look good on paper.

But proper KYC helps you look beyond the application.

It helps you ask the right questions, identify gaps, verify information and understand the risk before you commit your money.

READY TO PUT YOUR KYC PROCESS IN PLACE?

Get all 10 essential KYC forms in one ready-to-use documentation pack.

LENDERS KYC KIT

10 essential KYC & credit risk forms for private money lenders and credit providers.

Know your customer | Assess the risk | Then lend

Build with Structure!

Yours legal,

Precious Toju, Esq.

Debt Recovery Lawyer | Credit Risk Coach

Creator, Smart Moneylenders Bootcamp