Sundry Creditor

The end of the month cash shortage would be taken care of by lending out small principals at a low interest rate for a short period of time.

  • Stage Concept Only
  • Industry Financial Services
  • Location Bangalore, Karnataka, India
  • Currency INR
  • Founded August 2018
  • Employees 3
  • Incorporation Type Not Incorporated

Company Summary

The need of cash for a short term at a decent interest rate would be provided by my company.
Amount to be lended would be ranging from INR 2500-20000, at the interest rate of 7-9% which is not fixed. Interest rate can be fluctuated according to the market demand, say @7-11%. And the maximum period of repayment would be 90 days. Before borrowing the sum, one can calcute the Amount to be paid back by putting the principal, rate and time.

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