Unsecured Business Loans

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Angel Investors 7 Online Business Plan Scams and 1 Real Deal
By MaryAnn Shank

We've all seen the hype: "We'll put your plan in front of thousands of investors!" "We'll write you an award-winning online business plan!" "Only $3,000 for thousands of investors to learn about your company!"

I cringe every time I see one of these ads. Vultures are preying on honest business people who want to fund their businesses. Here are some ways to spot them:

1. "Only qualified investors see your business plan." Yeah, sure. And who "qualifies" them? Have a friend try to sign up as an investor (that part is usually free). How is she "qualified"? Is there a background check? Does she submit a financial statement? Odds are that she will be asked...
[ Read Article ]

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In the News

Net financing to private sector up 11.3pc
Net financing to the private sector through the banking system and the capital market expanded at a higher annual rate of 11.3 per cent, says Bank Negara Malaysia. It said all major loan indicators, across both business and household sectors, increased during the month. "Following the increase in the Overnight Policy Rate to 2.75 per cent on July 8, the daily weighted average overnight interbank ... Read More ...

BNM: Net financing to private sector up at annual rate of 11.3%
KUALA LUMPUR: Net financing to the private sector through the banking system and the capital market expanded at a higher annual rate of 11.3%, according to Bank Negara. All major loan indicators across both business and household sectors increased during the month, said the central bank. Following the increase in the OPR to 2.75% on July 8, the daily weighted average overnight interbank rate ... Read More ...

Net financing to private sector expands 11.3pc
Net financing to the private sector through the banking system and the capital market expanded at a higher annual rate of 11.3 per cent, says Bank Negara Malaysia. Read More ...

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