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.