Hi, well the one thing i never thought of in all the years of looking for a business was a loans business but its not a bad idea. Just a few things running in my mind at the moment is
1. What kind of loans are you talking with only a £3000 investment must only be like £50-500 loans and what kind of APR can you put on that to make a decent return to the amount of work needed
2. I saw some where about some software how much does that actully do and how do you transfer money to customer and how to they pay back, and over what kind of periods or do they just pay back in one lump sum plus the extra
3. Would I have to travel to your head office to get the training (I know obvously that would be the best idea but atm im working like a horse to keep myself out of the s**t) so it would be difficult for me to get over.
well thats my first questions im sure ill have some more soon.
regards
MTB
Hi MTB Maybe the first thing you should do is to read all the information on the website, if you haven't already: www.briteways.com - 1. The loans are small to spread the risk over as many customers as is practicable. One of the interest rates we use is 365.1%APR - 2. The software does everything that is needed to run the loan business admin and to automate early settlement requirements. You can see some of the features here: www.briteways.com/howclipworks.html - 3. You dont have to come to us for the training, we can, by arrangement send someone to your location to train you there.
