Blog
Practical guides on lending, collecting and balancing the till. No fluff, just numbers.
By Equipo Prestafolio
How to refinance a late client (without giving away the business)
The difference between refinancing someone who genuinely wants to pay and handing an excuse to someone who does not. The signals that decide, the mechanics, and when to cut your losses instead.
By Equipo Prestafolio
How much interest to charge for lending money
How a rate is built, why the rate you advertise is not the rate you charge, and what to check in the law before setting it.
By Equipo Prestafolio
How to organise your collection routes
Grouping by zone, by frequency and by real capacity, not alphabetical order. How to design a route a collector can actually complete every day without burning out.
By Equipo Prestafolio
The amortisation table: what it is and how to build one
What an amortisation table is, how the French method splits each instalment between principal and interest, and a full 12-instalment example worked out to the cent.
By Equipo Prestafolio
How to formalise your lending business with the DGII
The real process to get your RNC as a persona física in the Dominican Republic, when you actually need an SRL, and what an informal lender gains (and loses) by formalising.
By Equipo Prestafolio
Promissory notes and loan contracts: what they must contain and what you can enforce
The difference between a promissory note and a contract, the data neither can be missing, and which document actually helps you when the client stops paying.
By Equipo Prestafolio
How to check a client's credit history in the Dominican Republic
The credit bureaus regulated by the Banking Superintendency, the Central de Riesgos, how to check for free, and what an informal lender can see before lending.
By Equipo Prestafolio
How to reconcile your collectors' cash
The daily cash count step by step, the six recurring discrepancies, and the rules that prevent them before they happen.
By Equipo Prestafolio
How often to collect: daily, weekly, biweekly or monthly
Neither the highest frequency is always best, nor the lowest is always the most comfortable. How to decide based on the client’s income, your operating cost and your risk tolerance.
By Equipo Prestafolio
How to tell whether a client pays well (before you lend)
The four questions that decide a loan, how to calculate repayment capacity with real numbers, and what to do when the client is new and you have no history.