Why Use Lenco? 7 Undeniable Reasons You Should
Lenco is a Pan-African digital-only bank for businesses that provides a better business banking experience.
Why use Lenco? We offer tools to help your business succeed, and we’re the only one in the industry with 10x better, 10x cheaper, and 100% human support when needed at any hour of the day.
And because our goal is not just to get your money but to make sure it’s secure, we offer multiple levels of trust and security options so that you can choose how much risk you want to take on with your finances.
Why Switch to Lenco Today?
Lenco provides a better business banking experience.
Lenco is more than just a bank. We’re dedicated to helping you succeed, and we’ll do everything in our power to make sure your business is ready for the future.
We provide tools that help small businesses grow and thrive, including:
- Dedicated customer support from one point of contact
- Lower fees on loans, deposits, and other services
- Better security with fraud prevention tools like two-factor authentication
It’s In the Products
You can get a wide variety of Lenco products to help you manage your business.
- Business current account:
This product is perfect for small businesses that need a simple way to hold cash and pay bills. With no monthly fees, it’s easy to keep track of how much money you have on hand as well as which expenses are being paid from where. The option also includes pre-authorization features so that your clients know exactly what they need when they receive payment from you.
- Physical and virtual cards:
A card created to meet the needs of small and medium-sized businesses, from simple day-to-day expenses to international purchases.
- Expense Management:
Use Lenco to be in control of your business spending with a robust approval flow. Upload receipts the moment you make a payment. Save your finance team hundreds of hours on reconciliation every month.
Have you made transactions and you can’t remember why? Add comments to transactions to keep your team informed. Add multiple comments at any time.
- Payouts:
Use Lenco to instantly transfer money in bulk to bank accounts automatically or manually. Send instant bank transfers to your customers via APIs, file uploads, or on the dashboard.
- Bill Payments:
Use Lenco to purchase airtime in a breeze for an individual or in bulk for your team members with zero fees. Buy airtime and pay bills automatically via our API. Sell bill payment services to your customers via the Lenco bill payment API. Earn on every purchase.
- Growth:
You get instant access to draw from your overdraft when your opt-in request is approved. We understand your capital needs and will give you the funds to meet them. We provide up to N200m in growth capital to startups and SMEs of all sizes. We schedule your repayment to fit your expected revenues. We ensure your business never suffers while repaying.
Also read 5 Most Useful Lenco Account Features Your Business Can’t Do Without
Lenco doesn’t just provide banking services, we also provide tools to help your business succeed.
After you have opened a Lenco account, we will provide you with the following tools:
- Personalized banking services that are tailor-made to meet your needs.
- Tools to help you manage and grow your business.
With these two things in mind, it’s easy to see why so many businesses are choosing Lenco as their bank of choice!
Dedicated Customer Support Representatives
Lenco is a customer-centric bank. Our dedicated customer support team is available 24/7, and in multiple languages, to help you with any questions or concerns you may have.
Our goal is to make sure that our customers are comfortable and satisfied with their experience at Lenco. We want them to come back again and again!
Bank cheaper and more efficient with Lenco
No hidden fees when you use Lenco, we love transparency. Lenco offers a free transfer with no maintenance fee and no minimum balance. You can also use the service to bank online or in-store.
Lenco’s mobile banking app allows you to:
- Get alerts when your transaction is complete so that you know exactly what happened at the end of each day.
- Send money instantly with one touch of your finger on the Lenco app or website.
- View your transaction history and make changes as needed (including overdraft limits).
- Also, your transfer fees are given as cash back on the first of every month. Terms and conditions apply.
Your smart business account is backed by max trust, max security, and max safety.
Max trust, max security, and max safety when you use Lenco. This is the mantra of Lenco’s smart business accounts.
Trust is built on honesty and transparency. Trust is built on consistency: You won’t get different results from one person to another because you’re getting the same information from each of them. And trust is also built on respect: You’ll be treated with respect by everyone who works for us!
Lenco is not a bank. We are better!
Lenco is not a bank. We are better!
We provide tools to help you succeed, and that’s the difference between us and most other financial institutions. We have dedicated customer support representatives who can assist you with any questions or concerns you may have about our products or services.
You don’t have to deal with customer service staff who aren’t as knowledgeable about your needs, because we’ll be here every step of the way from start-up through growth mode into retirement planning.
Our goal is simple: make sure your business succeeds so that you can continue doing what makes it worthwhile (and fun) in life—running your own company!
Conclusion
With so many things to choose from and so much information to absorb, it’s easy to feel overwhelmed. We’re here to help with all your questions about Lenco. Just give us a call at +234 427 8928 or contact us via email at support@lenco.co today!
Discover more from The Lenco Blog
Subscribe to get the latest posts sent to your email.