Lesson 2 of 8

Build, licence or outsource: how to decide

There are three ways to obtain a lending system, and each moves cost, control and risk to a different place, but never the responsibility. This lesson defines the three, sets out the criteria for choosing, the costs to count over three to five years, how lock-in and exit work, and what to know about source code, intellectual property and escrow.

Published 2 November 2026