How to start a Money Lending Business
If you have decided to start a money lending business, you should decide the kinds of loans you will provide. The kinds of loans include payday, mortgage, installment loans, etc. You also have the choice of starting a lending business by using your own money or pooling in money from a group of investors. To start a money lending business, you will need to develop a business plan and receive all the necessary government licenses. Preparation Choosing the name of the company You will have a sturdy mind to choose the best name for your company. So choose a company…