As you plan to build your business, it’s almost impossible you won’t apply for a loan. As hopeful as you can be that you will get financing, one thing that instantly crushes your dream is – loan rejection. This is something that over 80% of businesses in Singapore experience, and this could be you some […]
The COVID-19 pandemic tampered with the global economy. Many businesses had to shut down, while others had to restructure their working process by cutting costs and expenses. This led to people being laid off from work, while others had to get lower salaries. In an attempt to barely survive, personal loans became a solace to […]
Loan sharks are illegal money lenders operating in Singapore and usually target poor and desperate borrowers. As compared to the recommended licensed moneylender, they pretend to be the best lenders that you can ever get. They attempt to lure you into borrowing with them by being friendly and offering very attractive terms when the bank […]
Borrowing has always been a common practice among many businesses. However, it is not a simple task to do for most business owners. Borrowing from an illegal money lender can be risky since you put your company at risk if the loan amount is not paid back on time. Many people do not know that […]
