How Slice can empower your lending business

Lending to traders, artisans and small businesses is built on trust, speed and discipline. Too often, though, that discipline lives in paper forms, spreadsheets and a core system that fights the people using it. Guarantor photos go missing, officers get locked out in the field, and one branch can’t disburse while another can – with nobody sure why.

We built Slice so lenders can spend their time on customers, not on workarounds. Here’s how it helps at every stage.

Onboard clients right the first time

Onboarding is where bad data starts – and where it’s cheapest to stop. Slice guides officers through a short, step-by-step form that checks everything as they go, so problems show up on the step where they happen instead of after submission.

• Phone numbers in any format are understood and standardised.
• Duplicate phone numbers, BVNs and emails are caught early, naming the existing client.
• You decide whether a BVN or NIN is required for every client.
• Photos and ID documents are checked the moment they’re uploaded, and progress is saved on the device.
• Changing an approved client’s identity, branch or loan limit sends them back for approval by someone else.

Loans that move through clear stages

Every loan follows the same path – booked, approved, authorized, disbursed – and each step needs a different person. The officer who books a loan can’t approve it, and the approver can’t authorize it, so no single person can push money out alone.

• Guarantors are captured with the loan, and approval waits until any required guarantor photo is there.
• Slice warns the approver if a guarantor already backs other open loans, has an overdue loan, or shares the borrower’s details.
• A readiness check lists exactly what a loan still needs – and how to fix it – before anyone reaches the disbursement desk.
• Double clicks and simultaneous actions are handled safely, so a loan is never paid out twice.

Products that fit how you lend

Set up daily, weekly or monthly packages with their own interest, processing and insurance fees, guarantor rules and branches – a 22-working-day daily package, a 12-week weekly plan, or whatever your customers need. Schedules skip weekends when you want them to.

Collections you can see

Repayments are recorded in seconds and allocated to interest and principal automatically, installment by installment. The dashboard shows disbursements, collections, arrears and portfolio at risk by branch, and flags what needs attention today – clients waiting for approval, loans ready to disburse, repayments due.

Accounting that always balances

Behind every disbursement and repayment, Slice posts balanced double-entry journals to your chart of accounts. Your finance team gets a trial balance, income statement and balance sheet on demand, a ledger for every account, and clear, specific errors when a manual entry isn’t allowed.

A ledger health check shows every product at every branch, so a missing cash account is fixed before a customer is affected – not discovered at the counter.

A team that stays productive

• Officers work from any phone or computer – there’s nothing to install.
• Locked out after too many wrong passwords? The lock lifts by itself, or the officer unlocks with an emailed code – no waiting for an administrator.
• Field officers can own clients and loans without a login.
• When someone moves or leaves, their clients and open loans are handed to another officer in one step.

Controls your board and regulator will appreciate

• Roles decide exactly what each person can see and do.
• Every change, including failed attempts, is recorded in the audit trail.
• Your organisation’s data is kept apart from every other lender’s by the database itself.
• Data is stored in Nigeria and backed up every night.
• Lists and reports export to CSV, Excel and PDF.

Your own space on Slice

Each lender gets its own address – yourcompany.slicebyues.com – with its own sign-in page, name and logo. Your staff sign in there, and only there.

What’s next

We’re working on SMS notifications, bank transfers for disbursements and repayments, and credit bureau reporting – so Slice keeps doing more of the routine work for you.

If this sounds like the way you want to lend, we’d love to show you Slice with your own products and branches.