Lenders are businesses or financial institutions that lend money, with the expectation that it will be paid back. The lender is paid interest on the loan as a cost of the loan. The higher the risk of not being paid back, the higher the interest rate. This business involves money therefore; you need to carefully lend money to people who can return the borrowed money with proper documentation.
- Post last modified:February 19, 2021
- Post category:Big Investment Business Ideas
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