Lending Business

[netdelapena]

hi! i'm currently in-the-process of putting up a lending business, small time pa lang, my market is the regular employees of one company here in cavite and yung mga may puwesto sa palengke.is 6% for 30 days will be okay?marami pa akong dapat malaman, any tips and/or guidelines para sa business na ito that you could share will be highly appreciated. thanks! :):)

[coldrockster]

Hmm, it is imperative for you to prepare on situations where your customer/s will say "Wala akong pambayad eh.." What will you do with this? Will you take him to court and pay more? Will you take his assets? etc...

[Dacs]

Hindi biro ang magpautang.

Maski sabihin na natin na may steady jobs at may sariling pwesto yan sa palengke, kapag nagipit yang mga yan, for sure di ka nila uunahin sa pagbayad.

Isipin mo rin ang economic situation natin. Marami ang maghihigpit ng sinturon and most likely kung makakautang ang iba sa atin para makaraos, uutang yan.

Paano kung sa timeframe na magbabayad sila eh lalo humigpit ang mga sinturon natin?

Di sa tinatakot kita but I've seen it myself. Dati ang mother ko nagpapautang sa mga tricycle drivers before, needless to say, lahat ng puhunan nya ay na TY ng mga ****** drivers na yun. Buti di naman kalakihan (10k) yung natalo.

If you really wanna pursue this, then at least you've got to acquire a guarantee from the other party to pay off their obligations. The most practical that I can think of is either:
1. Collateral: Alahas, mga valuable items, etc
2. PDC.

In theory, you can file a criminal case kung tumalbog yun, but do you think you can afford to go through all the hassle sa pagsampa ng kaso, lalo na kung di naman ganung kalakihang halaga ang pinaguusapan?

To say the least, you must account those factors in your interest. May mga taong tatakbo (kung makakatakbo) at dapat tanggapin mo yan kung sakaling gusto mo parin ito i-pursue.

Good luck :)

[GOLDEN_BOY]

im currently developing a software program for my client. He just started his business 1 year ago and he only has 2 assistants. since i have the control of their system, i tried to compute their monthly income and to tell you what, he earns minimum of 1.5 million pesos per month. lending business is a good business since you just play around with the money but it's so risky. naexperience na niya rin tinakbuhan ng 8 million. his action is very simple - "START OVER"

[netdelapena]

thanks po sa mga reply

yun nga din ang fear ko yung takbuhan ako ng mga debtor
i've tried it sa office since nasa construction company ako so yung mga workers pinapautang ko, naging ok yung operation ko kasi ako ang may hawak ng payroll so meaning nakakaltas ko agad *** hulog nila every week, but then meron p din akong hindi nasingil kasi mga hindi na pumasok pro ok yung naging turn out, malaki yung naging return ko kesa sa mga hindi ko nasingil. now that i want to try it outside naman the company, yun nga lang medyo hesitant ako sa pag-start. also, my friend kasi who's in dubai now convincing me to play her money sa lending kaya lang nakakatakot diba?kung yung money ko naisugal ko ok lang kasi it's mine nga

[netdelapena]

kindly share naman ng iba pang experience ninyo para mapag-isipan ko pa ng husto itong binabalak kong business.. maraming salamat;)