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Makati Forbes Park Pinoys Financial Literacy Filipino Loans and Lending
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MONEY LOAN in Philippines
In finance, a loan is the lending of money from one individual, organization or entity to another individual, organization or entity. A loan is a debt provided by an entity (organization or individual) to another entity at an interest rate, and evidenced by a promissory note which specifies, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower.
Loan / Lending Services
In a loan, the borrower initially receives or borrows an amount of money, called the principal, from the lender, and is obligated to pay back or repay an equal amount of money to the lender at a later time.
The loan is generally provided at a cost, referred to as interest on the debt, which provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice any material object might be lent.
Acting as a provider of loans is one of the principal tasks for financial institutions such as banks and credit card companies. For other institutions, issuing of debt contracts such as bonds is a typical source of funding.
We offer services on all type of loan program with PRIVATE FINANCING / LENDERS & BANKS (PERSONAL LOAN, BUSINESS LOAN, VISALOAN FOR BANK CERTIFICATE, BRIDGE LOAN/ FINANCING, AUTO/CAR LOAN, TRUCK/BUS FINANCING, REAL ESTATE MORTGAGE, COMPANY CHECK REDISCOUNTING, OFW LOAN, SEAFARER'S LOAN)... We are accredited loan consultant of Megalinc Business Consultancy, one of the top service provider with banks loan or private lender and other products servicing for more than ten years. With its ten years of operation, MBC ventures other related services to their clients and is also served in cooperation with MMS such as Fund maintenance also known as "Bank Certificate assistance as showmoney", Visa Assistance, Company Check Rediscounting, Bridge Loan / Financing, All types of Loans.
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