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Showing posts with the label money lender Malaysia

How Loan Management Is Crucial For Small & Medium Businesses

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Loan management is an integral part of the organization’s asset-liability management. Loan management involves periodical sourcing funds by getting the same sanctioned or repaying it within a given period of time. This is ideally done by the corporate treasury department to meet the solvency norms and also to meet liquidity criteria. Apparently, loan management has become an utmost priority for several reasons connected with liquidity, solvency or higher goodwill for the organization. Organizations generally resort to a short term loan to meet the working capital requirement. This is available in the form of SME business loan Malaysia . Let us get into the detail as to how loan management is necessary and yet very crucial for small & medium businesses. Managing loans for meeting short term liquidity – The corporate debt department is obsessed with the task of meeting short term liquidity as there may be situations where the company’s short term funds may get blocked in debtors, re...

Private Money Lending or Bank Loan: Choose the Best Option

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We can all use some extra cash every now then, and getting a low-interest consumer loan from a bank may be a great way to urge that done. However, there are other ways for you to borrow money too. No, we’re not talking about loan sharks. We’re talking about licensed moneylenders in Selangor. There are companies out there that make money by legally lending cash to people at interest, a bit like banks. Before we get to their differences or apply for a  personal loan Selangor , let’s mention how banks and moneylenders are similar: Both charge interest for your money Both will charge penalties for late payments  The similarities end there, just about. There are many important differences between the 2 that will affect which one you select to travel to for your next application. How Much You'll Borrow Banks can afford to lend you far more than a daily moneylender could. You’ll borrow up to x amount and for a way longer tenure also. Banks can do that because...