To start any business, there must be some investment. This amount of capital is necessary to establish a business and start earning profits. However, not everyone can afford this initial investment from their own pockets. This is where commercial loans become crucial. Banks and other institutions grant these business loans in Singapore, who are also… Read More »
The wave of digitalization has transformed the lending business. Financial institutions, as well as borrowers, have realized the need to make the lending process convenient and flexible. Consider a situation where you have been unable to visit the lender’s branch due to a hectic day in the office. This means you delay the process… Read More »
Due to an alarming increase in the number of scams in the housing finance industry, is important to opt for a housing loan from a trusted lender. Unscrupulous financiers are on the look out to earn money through unfair means and hence resort to fraudulent practices. The previous blog highlighted four ways to avoid… Read More »
Many consider that getting a home loan at good interest rates is nearly impossible for startup employees because of unstable income. But that’s not the case as many lenders these days have good home loan options for startup employees or self-employed professionals and non professionals. The criteria, on the other hand, for approving a home… Read More »
Nitin was a first-time homebuyer. His parents had never owned a house. So, he had very little knowledge about the home-buying process. Just before applying for a home loan, he spoke to his cousin Ashish. It turned out to be a fruitful conversation. Ashish had recently bought a property. So, he informed Nitin about some… Read More »
You’ve almost certainly been there. Months go by when your carefully laid household budget is ticking along like clockwork. Then something comes right out of the blue, demanding expenditure you never imagined, and your budget is thrown into the air. Some of these might be: the central heating system breaking down in the dead of… Read More »
A loan is a financial transaction between two parties wherein the borrower receives a certain sum from the lender which is to be repaid over a specified period of time. The principal amount is returned with interest, which is the profit earned by the lender. Following are the four main characteristics of loan transactions…. Read More »
