Currently barrowing market is very competitive, some sources of lending are cheaper than others specially lending from foreign countries. Generally, parents are cheaper lenders than banks or any other financial institute. The total interest cost of your loan is directly related to the interest rate and maturity length of the loan. Keep your interest rate as low as possible and keep the maturity of your loan short. Remember, all clauses are in the lender’s favor, and very few, if any, are in the borrower’s favor.
You are putting your future in someone else’s hands when you borrow and you are committing future earnings to today’s consumption.
We help you to use wisdom in your decisions and know what you are doing before you do it and read documents very carefully and understand them before signing. We can assist you to make the best option for you and your company.