How To Start A Private Lending Business - Money Lending Business

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Information How To Start A Private Lending Business - Money Lending Business

Title	:	How To Start A Private Lending Business - Money Lending Business
Lasting	:	16.58
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Views	:	55 rb

Private lending is a great business to start and doesn't cost as much as you may think
Comment from : Eann

How about state and local licenses to start lending? Does the comptroller help with that?
Comment from : Cordell Pearson

Take someone's passport as collateral and put it in the contract that they will only get it back once the loan has been paid off It stops them leaving the country
Comment from : Alex J G

Anyone in need of funding? brCurrently looking for deals to fund
Comment from : Loan Arranger Limited

You can make really good money as a online private lender they make money on the interest people that have bad credit they normally go to these companies for money you can make lots of money if marketing the business right online During the pandemic lots of people went to private lenders
Comment from : aman sahota

The real mathematics is in statistics out of 20 people you lend money and if you gave out $500 to each If 15 pay you and 5 default, you're still profitable greed and fear make us loose focus room for defaulters is really necessary but it shouldn't be more than the successful ones
Comment from : Joshua Ngandu

How do I get a Compliance Officer, and how do i get a license in California?
Comment from : Anare Kubuabola

Forget doing it on line If you live in Kansas, do you really want to chase your money in Mississippi? Believe me, I don't care where you are, there are plenty of people in your area, within striking distance who need small collateralized, short-term loans Don't go over 6 months Loan on this you can use or unload in a hurry; art, coin collections, guns, jewelry, precious metals, real estate, quality tools, etc Take possession of the collateral If you need to rent a storage unit, do it
Comment from : J K

I have being in this business for 1 year now I have learned a lot it's good 👍😊
Comment from : Stephen

I have learned a lot Zambia 🇿🇲
Comment from : Stephen

You're Best teacher
Comment from : Stephen

This was a finance masterclass learned a lot from kenya
Comment from : Ben

Can I do this on 50 k
Comment from : chris gallant

Can i get FIDC type insurance for defaulters?
Comment from : orville

Great insights of the business Thanks
Comment from : Mama Delta

Thanks for the information :)brWhat licenses do you need for the lending business?
Comment from : Juanita Echeverri

Great video ❤
Comment from : EugenePlaysYT

how are you protected? does the lender give collateral? must people who need 500 bucks will just wind up screwing you as thats just another debt for them
Comment from : NY Acoustics

Please send me your narrative into a booklet as a guide to really get into this promising business Thank you
Comment from : Sampson Endehipa

I enjoyed the video and love this business idea
Comment from : Quintez Gatewood

Can we use there car as collateral?
Comment from : Aric Stroop

Thanks I appreciate youbrI'm new can contact you if I need help
Comment from : Kwame wiafe-akenten

As a hard money lender - don't ever lend without collateral Lend on max 70 of the value of the collateral
Comment from : Financial Freedom Made Simple

can you do for me a full business plan for money lending business
Comment from : Amule Isaac

A very tough business, not for the faint hearted!
Comment from : jwmc41

There are a lot of online companies that that you can become a loan broker and all your doing is lending others money oz is a good one on line I plan to do that one
Comment from : Kenneth Hall

You have answered my questions of starting a small lending company Really Appreciate your session
Comment from : Jacob Maize

thank you very much
Comment from : Ebenezer Inn (Vanglua Inn)

What licenses will you need to start this business and cost? How do you set up domain with credit check?
Comment from : Philip Prevost

OMG DUDE, SOUNDS LIKE A PLANE CRASH LOL
Comment from : Hemat Sinanan

I love this business And am so interested in knowing More about it can kindly talk More about the interest rates and repaying period
Comment from : William Sainela

how can one avoid defaulting ?brhow can I expand my reliable client base ?
Comment from : Enock Phiri

"You don't need a lot of money to make money lending money" Step one: "Keep a lawyer on retainer"
Comment from : Michael Leskauskas

Evening my brother i am a student and want to start lending moneyN$7000 my starting capitalwhat should i do
Comment from : John Lavas

I need assist please can I find anyone giving loan?
Comment from : Kossisochukwu Vanessa Uju

Awesome content!!! thank you 😊👍🏻
Comment from : Mirella B

Loans From $10K - $5M currently available at 3 interest rate only brApply now
Comment from : Lucas Grant

Hi Eann, I am looking to borrow against my home that I've just put int the market for sale The home is well over $300k My only problem is that my home is in the UK and I live here in the US I don't want to wait for the house to sale, could take a few months I'm willing to pay high interests on the 40K I want 2 borrow because I want to start a business now Can you advise me on how to get in touch with a private lending business owners? What do you even say, when talking to the cashier people?brI just don't know where to start Anything you can help me with, please
Comment from : Harper Production

I would like to start the business with a little capital i need more guidance thanks for this wonderful analysis
Comment from : Mary Gbandawa

How can you make profit ? If I lend $50 and I make $100 profit is $50 and I put the other $50 in my bank how can I grow ? Like can you explain that a little more “ to understand better …I know the profit is 50 and I just keep lending ?
Comment from : Young Cal

Hi!brHow can we talk over the phone? Please advise Thanks
Comment from : David Sandoval

Interesting and courageous video
Comment from : Lango Solomon Quinto

i started this buisness this NOVEMBER 2021 with 300$, on my own, solo shark will try to grow if according to my buis plan will update my results !
Comment from : Ambuk Fx

Can you provide me with a template and contract to add someone as a partner to my private lending business please
Comment from : Britanie Wilson

I love it
Comment from : Ruth Cassoba

Am in Kenya started it and its really doing so well#The problem is to get the investors or someone to partner with
Comment from : Kendy Joy

Hey it's hard when people borrow money an cannot pay it ok you know that were are they getting money to pay back
Comment from : dev bachu

In Mexico we do that around the neighborhood But no interest are charged All we do is find 15 people all this 15 people will give 10 each typically if you really need the money they will give you #1,2,3 every week the 15 people will give another 10 and so on until the las person gets money is more like savingbut you get a good amount back if you get the last number But been the last you will risk some people not giving on time
Comment from : Claudia vargas

Nice video! I was able to build a big income stream during the covid-19 pandemic investing with a professional broker, Mrs Millian Kelvin, her trading strategies are top notch coupled with the little commission she charges on her trade
Comment from : Investwithmillian her telegram name

The information is priceless
Comment from : Hillary Tembo

Do you need a license for this in Florida?
Comment from : Watch Club Ent

Very educative
Comment from : Frank Mlaki

Your teaching techniques is amazing and so simple I like it Keep it up !!!
Comment from : Tomeka Johnston

Thanks a lot for the nice lesson
Comment from : Suzana Kaijanangoma

highschool
Comment from : Ronin Kasko

thank you very much
Comment from : tharindu nuwan

Hoping for feedback: How would you as a lender impact someone's credit?
Comment from : Crystal Holmes

How much dose it cost to do this
Comment from : Stephen Bell

Thank you for this video Very informative I need this simple to understand I'm planning to start this business Thank you God bless you 🙏🙏🙏
Comment from : Lucy Wapen

Im sorry but this world does not need more predatory payday loan companies They take advantage of people when they are most vulnerable Find a more ethical way of making money instead of being a sociopath You all make me sick
Comment from : Aa Aa

This was perfect 👌 everything i needed to hear
Comment from : Trucker Maat 444

Hi, is there a way that we can connect with you?
Comment from : Brookdale Financial

Ever since I was a little boy I always knew that usury was the profession that I wanted to get into
Comment from : Vesuvius

I am a Jamaican What is the average amount of funds I would need? I started one but I don't think I am monitoring well
Comment from : Trudy Ann Smith-White

Damn i had 5 interest mark up only
Comment from : Healing Music

How To Start A Private Lending Business? where is the answer? no information just general info :(
Comment from : Alqassam Hamad

Hi, thank you for posting the video I have a question? What about insurance for the loans? Is that possible with payday loans?
Comment from : BORN 2STANOUT

I got the accountant and lawyer figured out but do you need any licensing to lend on your own money? Will a loan officer need to be required? How do you find one?
Comment from : Heavy Equip Now

Would you be able to send me a contract on what you use to heavyequipnow@gmailcom
Comment from : Heavy Equip Now

How do you get hold of the collateral when business is strictly online?
Comment from : Glendah Malilwe

Thank you for this videoit was helpful as i am in a position where i want to start the money landing businessthank you for a grdat information
Comment from : Itumeleng Shuping

Is a good idea
Comment from : Suzette Williams

i got $25k ready i started to loan $2000 for 12 payment of $285 per month
Comment from : corey bussey

I will always talk about lavejam on telegram for changing my life for good he has never disappointed me ever since I met him
Comment from : Khan richard

Thank you so much you have given me a lot of insight on this business… More than likely I’m gonna start this
Comment from : Marcus Diaz

You are wrong sir Most payday loan company’s are a Credit Access Business (“CAB”) that arranges loans made by an unaffiliated lender, at an interest rate of 10 per annum The lender also charges a $30 returned item fee and a late fee equal to the greater of 5 of the late payment or $750 if a payment is 10 or more days delinquent It’s is ilegal to charge that much interest, but companies use that CAB loophole
Comment from : Obee_Rivera

I have saved N$40 00000 is it less to start and fully registered
Comment from : sekundus sindimba

I have enough but scred on lawyer price
Comment from : J Perez

Yeah what about collecting payments from clients? br99 of crooked banks won’t let u open Acct because only THEY are allowed to screw ppl and make money brYou’ll need ACH services, which is costly also, pulling credit, set up etc bunch of other indirect , or rather direct expenses 😏
Comment from : The Cryptotainer

Very interesting, thank you
Comment from : Clayton Matumbela

❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️
Comment from : Shucorey shaw

A loan is money, property, or other material goods given to another party in exchange for future repayment of the loan value or principal amount, along with interest or finance charges A loan may be for a specific, one-time amount or can be available as an open-ended line of credit up to a specified limit or ceiling amount Connect williamhilton65@gmailcom
Comment from : Franklin Peter

I love this video, I have some extra money and I was thinking about starting a business like this Do you have to get a banking license ?
Comment from : D Mac

Where do you find the loan documents? Do you use online esign forms?
Comment from : ThatBadassBitch

Thanks
Comment from : napolis341

Imma start one via cash app
Comment from : Makin Cash

A Bajan this?
Comment from : Richard James

Me, I'am starting money lending business, I need more study to sustain my business make grow and success , Thank you for making this video
Comment from : LIFE IS GREAT