A loan invite is an invitation sent by a lender from the Lendsqr admin console to a user or a prospective borrower informing them of the availability of a loan for them. 


Loan invites are sent via email address or via SMS from the Lendsqr admin console to the contact specified in the invite. When an invite is sent to a user, they can view the details of the loan offering available to them and click on a link to sign up and book a loan. 


In addition, you can choose to send a single invite or send multiple invites to a number of users at once all from the Lendsqr admin console. You can also view the details of all invites that have been sent from the Lendsqr admin console on the “External Loans” page.



To send a loan invite to a single person, follow the steps below:

  1. Navigate to External loans in the Loan Management Grouping on the Lendsqr admin console.

  2. Click on the “Create Invite” button and select “send an invite” to create a single invite for a prospective borrower.

  3. Input the name of the receiver of the invite as well as the email address, phone number and select the invite channel (SMS / Email).

  4. To use an existing loan product, select  “existing loan details” then click on the select product field and select the required loan product from a dropdown of existing loan products that have been created on the Lendsqr admin console.

  5. To send a loan invite with specific loan offerings, select the specific loan details and input the required details of the loan for the invitee. Such as the minimum and maximum amount,interest rate, the minimum and maximum tenor, the disbursement method as well as other required details.

  6. After filling all the required information, click on the “create” button and a loan invite will be sent to the user in the form of an email or SMS.






To send a loan invite to multiple people, follow the steps below:

  1. Navigate to External loans in the Loan Management Grouping on the Lendsqr admin console.

  2. Click on the Download button and a loan invitation sample sheet for multiple loan invite data will be downloaded to your device in the form of an excel sheet.

  3. Launch the excel sheet you have just downloaded on your device, fill in the required fields and save.

  4. Next, navigate to the External loans page on the admin console, click on the “Create Invite” button and select “Upload multiple invites”. 

  5. A modal will be displayed where you can select the multiple loan invite data sheet that has been filled by you from your device and upload it.

  6. Once the upload is complete, click on the create button and loan invites will be sent as specified on the sheet.