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Start Your Own Micro-lending Business » Business Seminars ...

Start Your Own Micro-lending Business. ... There is a law called the “Lending Company Regulation Act of 2007,” which governs the micro-lending business. Other pertinent laws to comply with is the “Truth in Lending Act” which requires you to disclose in writing the computation of interest, charges and other matters related to the loan. ...…

How to Open a Lending Investor in the Philippines

How to Open a Lending Investor in the Philippines All you need to know on how to open, start and setup a lending investor in the Philippines (Lending Business or Loan Company) Definition: Lending Company shall refer to a corporation engaged in granting loans from its own capital funds or from funds sourced from not more than nineteen (19) persons.…

How to Start a Micro Lending Company

Our guide on starting a micro lending company covers all the essential information to help you decide if this business is a good match for you. Learn about the day-to-day activities of a micro lending company owner, the typical target market, growth potential, startup costs, legal considerations, and more!…

Small Business Loans in the Philippines

Mar 20, 2017 · Again peer-to-peer lending offers an alternative model. While micro-loans are available through Kiva, small business loans are available through Simplex, the only local peer-to-peer platform in the Philippines, though these are available only to established businesses and are short term.…

How to Start a MicroLending Business - Pinoy Bisnes Ideas

Nov 02, 2015 · lending can only be organized as corporation (other business organizations no longer allowed after the passage of RA 9474…those organized as sole/partnerships are given time to incorporate..see the implementing rules of the said law, for sure, as of now, all lending companies existing should have been incorporated already.…