Borrowers who repay loans early to benefit from new moneylending business model

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SINGAPORE: Six companies in Singapore will pilot new business models for moneylending, which would grant borrowers better terms if they repay ...

 

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Six moneylending licences issued to firms with business models that better protect borrowersIt is the first time in six years that the Ministry of Law is issuing new moneylending licences since a moratorium was imposed in 2012.. Read more at straitstimes.com.
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6 firms issued moneylending licences based on unique business modelsIf someone cuts the queue for the cashier at the supermarket, what would you do? Answers to psychometric questions such as this will help moneylender Minterest predict a borrower's behaviour, assess the risk in offering him a loan without collateral - and maybe slash the...
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Six moneylenders with unique business models issued new licencesIF SOMEONE cuts into your queue at the cashier in a supermarket, what would you do? Read more at The Business Times.
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Business expansion loans could be the lifeline to increase revenuesCommenting on the challenge for funds entrepreneurs face for business expansion, Mr Paul Ho, chief mortgage consultant at iCompareLoan said, “businesses ought to remember that you need to borrow when you do not need money.”
مصدر: IndependentSG - 🏆 2. / 72 اقرأ أكثر »