Moneylending

Moneylending

 

But shall not include a person who sells only his own agricultural produce or cattle, or buys agricultural produce or cattle for his own use. We offer a wide range of Personal Loans for foreigners and Singapore nationals including specialist services such as Renovation Loans Provided you have a source of income, Money Express is able to assist you with loans of up to 2-4 times your monthly salary.

Monitoring is no longer an issue as the borrower is far more worried about losing the collateral than the lender is. And there is great incentive for charging usurious rates of interest Licensed Moneylender because default will only mean that the lender grabs the asset (very often land) offered as collateral.

Lenders would rather not take possession of your property, but they don’t need to spend as much time going through a loan application with a fine toothed comb – verifying your income, reviewing bank statements, and so on. Once you have a relationship with a lender, the process can move quickly, giving you the ability to close deals that others can’t close (that’s especially important in hot markets with multiple offers).

First and foremost, their money will work on their behalf, coming back with interest on top of the principle investment. Currently Dodd-Frank governs owner occupied consumer loans, which even hard money lenders have to follow. We provide fast cash loans to Singapore residents, PR and foreigners who hold valid Foreigner employment passes.

Possessing two powerful advantages to keep us ahead: the licensed law certification and the years of moneylending experience. We understand that you need cash urgently, which is why we have the fastest approval rates, attractive interest rates and flexible repayment methods!

 

 

Author: Constance Ramos