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PMT Forum's MOST POPULAR Discussion Boards => Business, Franchising and Entrepreneurship => Topic started by: princess4 on Aug 04, 2018, 01:18 AM

Title: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: princess4 on Aug 04, 2018, 01:18 AM


Moderator's Note: Please post in the appropriate MONEY LENDING thread. Posts that are off-topic or made in the wrong thread will be deleted. Here are our active discussion topics related to borrowing and lending money:


1. Profitable ba ang Money Lending Business / Pautang / 5-6 Business? (https://www.pinoymoneytalk.com/forum/index.php?topic=61007.0)


2. How to set up a MONEY LENDING business? (https://www.pinoymoneytalk.com/forum/index.php?topic=46838.0)


3. Saan pwedeng MANGUTANG? Sinong gustong magpa-UTANG? (https://www.pinoymoneytalk.com/forum/index.php?topic=61008.0)



Hi po sa inyo lahat, bago pa lang po ako at katatapos ko lang basahin at ireview ang isang buong thread: Money Lending Business

Andami ko po natutunan. Nakita ko dun un isang post na ni-Sum up nia ang natutunan nia (listed below 1-14) at pinagpatuloy ko na lang po. Hindi ko nakuha name mo..Thank you sau.

Planning to read all thread here about this lending business. 
Thanks to puberer, pogy_uy & Bp22estafa, Top5450, redvel, richpulubi and to all na nagshare ng kanilang experience, tips, payo atbp. page 6 pa lang po ako dito sa thread na ito at iniipon ko din mga payo nio. Hoping na matapos ko at masulat din.

Tips from Money Lending Business Thread
1. written agreement needed...kahit friend mo pa
2. as much as possible may business ang pahihiramin mo...and may integrity and borrower...what do i mean?.. ung may kahihiyan pa sa sarili and sa family..more likely, sila pa nahihiya pag nalalate magbayad...ayaw nila ng kahihiyan
3. check there capability to pay... magaleng sila mambola...and magaleng den sila magpalusot sa pagbayad
4. in the first few months magaleng magbayad. kc kukunin ang loob mo na magbigay sa kanila ng malake...wag padadala..kng ang maximum is 10k, then 10k..may pambluff sila...kesyo d na sayo hihiram... pag di ka pumayag sa malake... wag kang padala... madame ang cliente di lang sya...
5. by the 6th month, lalabas na ang saket nila..pahirapan na magbayad...be careful...though there are good and bad borrowers..ang goal naten is eliminate bad borrowers..
6. kun magrrrenew, make sure na 75% na ang nabayaran...
7. sa mga nahhirapan na magbayad, wag kang magmumura pagmaningil...they use this as license na awayin ka and di na magbabayad...kahit magbarangayan pa kayo, minsan kakampihan pa ng barangay (depende sa barangay)
8. maybe maging mabaet ka sa barangay... sila kakampi mo.. but dont bribe them...nasasanay na mga pinoy sa bribe..and it is our fault..dapat they should work according to their functions not because they will receive something.
9. yes, be strict..but friendly..alang personalan, business lng..
10. make a policy na in time you need this when you meet them in the barangay pag mag fail na ng ilang days to pay...this is a "threat" to their image..pero ang makakapal na mukha sasabihin pa sau ituloy mo sa korte..(kaya eliminate these kinds of borrowers)... they know na mas magastos and mauubos lng ang oras mo.
10. yah, kahit papano good pa den na may checking account.
11. ok, regarding karma...it is just a matter of give and take...share your blessing to the church or any institution... good karma begets good karma..bad, bad den...
12. in my area, ang bombay 20% ang tubo sa 40 days..tinatapatan ko ng 60 days with 20%... do you think may karma?.wala.because they use the money also in business... and mas may benefit pa sila na 20 days!...tsaka usapan nyo ganun..d mo naman pinilit...it is your hard earned money..d mo un pinamimigay...you are the boss of your money...kng gusto nila mababang interest, refer them to the bank...they can get even bigger money...nga lng, as long as they pass the requirements..
13. magbarangay kng kinakailangan..this is a theat also to other clients para wag gumaya.. make sure pagsinabe mo, you have to do it.. but make sure na d na talaga mkapagbayad...kc pagdateng sa barangay, pagbabayarin na nlng ang client sa kng magkano kaya nya until matapos... di na maeexercise and usapan nyong interest...
14. never share to other clients about deliquent clients...nagkakaroon sila ng idea na pwede dn pala d na magbayad..kahit magbarangayan pa... iwasan ang personal na kwentuhan..style nila kunin ang loob mo.
15.For business clients, they must set a side a certain amount of their monthly gross income to be used for paying interest for their loans, they see this as part of the business expenses.
16. Pag salary loan nag oover the counter ang borrower. Kaya maganda na unahan na at magwithdraw ng maaga
stop mo na ang pag grant ng loan sa employees na commission ang sweldo.  pag di sila naka qouta di ka nila mababayaran.  walang kasiguraduhan ang commission. 
Micro entrepreneurs ko ay 10%, Check Rediscounting 5-10%, Businessmen and Pensioners 4%  :D
17. Sa bawat transactions po dapat may kasulatan.  para sa akin, kahit kapatid ko pa, may kasulatan parin dapat.
18. Every dec.  tigil pautang ka, para inventory ( lahat ng may pautang bayad lahat dapat ).  then resume nalang pag january. 
19. dapat talaga marunong ka mag CI ng client.  kasi diyan nakasalalay kung tatakbuhan ka or babayaran. 
maganda kung fix interest plus principal.  diyan mo makikita ang magandang kita
20. To minimize the risk, wag basta pautang ng pautang para lang kumita.  unahin mo dun sa mga referrals and trusted individuals and businesses then sa malapit sa location mo at last yung mga walk-in. paikutin mo lang muna ang pera mo sa kanila, pag malakas na loob mo which is ako ay hindi pa, magpautang ka narin sa iba ibang location other than sa location mo. 
21. For pension loan maximum 30k max of 18 months at depende pa sa client.  nasa akin ang ATM.
22. Remember to dream big, think Long term, underachieve on a daily basis and take baby steps. That is the key to Long term Success."
23. BOOK TO READ; CREDIT AND COLLECTION MANAGEMENT in Philippine Setting 2nd ed. by Judge Jose T. Apolo
24. In big lending companies, Loan Evaluation, Releasing and Collection are handled by different persons or departments.
25. So choose, to be an investor or a lender?
26. Kilalanin ang mga borrower mo. It is very important to be vigilant at all times, don't trust everything to your agents.
27. This thing called GREED kept me blind last year! Wag pautang ng pautang. Good thing 20T lang yung amount sa problematic accounts ko.
28. Sa hatian ng lender at investor, ok din po ang 50/50 pero mas ok kung 60/40 tutal ikaw naman ang nangangapital.  kung sakali may hindi makabayad, hati kayo sa lugi. at pag kukunin niya share niya sa income per year, 50% lang ang ibigay mo. tas yung another 50% parang bond niya yun.
29. I am engaging in active income businesses to make time fly by faster! Kasi kung passive income lang lahat parang ang bagal sa time..
30. maybe when your still starting and your number of clients and capital is small, you can attain 100% returns.But as you grow big and expand... there's no such thing as 100% returns.
31. When the borrower gets a windfall and wants to pre-terminate the loan - Since my interest is Fix per month, it's easy for me to tell how much their balance is not including the interest and have them paid without any pre terminating fees. The Service charge fee during the application of the loan covers it.
32. Now that you know the worst case scenarios of lending. After applying risk management and credit checking to your potential clients. Let's talk about the Best case scenarios! Let's Focus on the Positive side of lending.
33. Tip from Sir Puberer - "ang ginagawa namin since kaka umpisa palang namin sa terminal, pagkatapos maka collection, deretso kaagad sa bank sa loob ng SM ang tao ko para deposit ang pera. para wala siya dala pauwi.  pag may manghihiram naman, sinasabi namin sa manghihiram na hintayin kami at mag withdraw lang sa atm. pinapaalam namin sa kanila na ang pera namin lagi nasa bangko at wala kami dala cash.  in that way magplano man sila na holdapin ka, maiisip na kaagad nila na, wala sila mapapala sa amin kasi dinedeposito namin kaagad sa bank ang pera na collection.  kailangan mo din alamin ang direct hotline ng malapit na police station sa pipnagpapautangan mo. "
34. Sample Computation by Sir Bp22estafa
"share ko lang amount & terms of payments nung sakin. i kept everything simple for my clients": -Bp22estafa
amount__4 weeks__8 weeks__12 weeks
5k ______1375_____750______550
10k______2750_____1500_____1100
15k______4125_____2250_____1650
20k______5500_____3000_____2200
25k______6875_____3750_____2750
30k______8250_____4500_____3300
35K______9625_____5250_____3850
40k______11000____6000_____4400
45k______12375____6750_____4950
50k______13750____7500_____5500

35. Mapfre Insular Office - Insurance pra sa borrower mo pra mamatay man sila may magbabayad sau.
36. Blog shared by members on how to start lending business
http://howtostartmoneylendingbusiness.blogspot.com/2010/01/how-to-start-lending-business.html
http://atmmoneylending.com/2010/06/09/micro-lending-business.aspx

36. Last page of Money Lending Business
https://www.pinoymoneytalk.com/forum/index.php?topic=13758.735


Again Thanks to puberer, pogy_uy & Bp22estafa, Top5450, redvel, richpulubi and to all na nagshare ng kanilang experience, tips, payo atbp.  :thankyou:

Happy Lending and Good luck on pur Business!!
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: princess4 on Aug 04, 2018, 01:22 AM
Nacurious ako about lending kc investor ako kaya basa basa ako about lending business. Ang hirap pala tlg maging lender, buti ung ni-investan ko connected cla sa mga company kaya hnd mahirap ang singilan, auto deduct na sa employee.

Tama si Sir Bp22estafa na dapat may active business ka din para may iba ka pa pagkaabalahan bukod sa naghihintay ng collection.   
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: princess4 on Aug 04, 2018, 02:33 AM
Hi - How much are you willing to lend? I need to borrow some money for my business. Thanks!

Naku sir , mula pa po sa origibal thread nito na : Money Lending Business  on: Jul 16, 2008, 01:19 AM

wala pa po nagpahiram sa member dito na lender. thread nmn po kasi ito at hnd lending. Try nio po jan malapit sa lugar nio baka po meron. :hello: :hello:
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: Jocel ann may on Aug 21, 2018, 08:48 PM
Sino po pwede magpautang sakin taga caloocan po ako.  Need ko lang po kSe ng pandagdag sa negosyo sana ung may collector na pupunta samin para maningil.
Natapos ko na kase bayaran ung inutang ko kaso nalugi dahil sa iba nilang pinautang nadamay tuloy ung maganda magbayad handa po ako magbigay ng id. Xerox
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: Jocel ann may on Aug 21, 2018, 08:56 PM
Hello po baka.  Po pwede ako mkautang sa inyo mam/sir magpasa nalng ako ng requirements samin kase kinukuha ung valid id bago makautang

Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: Jocel ann may on Aug 21, 2018, 08:58 PM
Hello po nasa inyo po yan basta afford  ng tao baka po pwede kayo magpautang dito sa caloocan kung may collector po kayo. 
Bitin po kase pangonhand ko maganda naman po ako magbayad thank you
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: Kenloy on Aug 22, 2018, 10:27 PM
Sir,

 Pahingi po Sana nang sample format mo sa promissory note po. Eto po Yung email ko markenlo.jemenez@yahoo.com.. many thanks po!!
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: micaela0723 on Aug 27, 2018, 12:41 PM
sino nag papa lending dto?? ano poh mga need na kailangan.?? need ko sna ng 5k. magkano per day or week?
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: eliG on Sep 02, 2018, 10:05 PM
sir jesdgreat musta na? Musta na status nang permit?
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: Kenloy on Sep 03, 2018, 12:38 PM
Mga master's San na kayo? Ano na update sa lending biz nyo? Share Naman dyan..
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: SamanthaB on Sep 10, 2018, 02:29 PM
Profitable naman ba ang lending business? And how much risk is involve? Hindi ba masyadong risky if you lend a huge some money kasi there is a possibility that the debtor will run away?
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: princess4 on Sep 11, 2018, 01:08 AM
kaya nga kami connected sa HR para auto deduct sa payroll. :) I fmag resign man in employee sa back pay kukunin.
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: KIRITO on Sep 13, 2018, 05:34 PM
Hello po. Sino pwede magpa loan dyan mga sir. 10,000 in 2 months time for repayment. Pm me 09502279629
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: dyose01 on Sep 26, 2018, 07:05 PM
Hi po bago lang po ako baka po nyo ako iguide sa bussiness na ito.
baka po pwede nyoa ko bigyan nanag idea kung paano ang singilan na araw araw.
salamat po
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: dyose01 on Sep 26, 2018, 07:08 PM
Gusto ko po sana magsinula nang ganitong business , baka po pwede nyo ako i guide sa mga percents, days payment etc.
sana po matulungan nyo ako. salamat
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: SUPREMO on Oct 01, 2018, 11:22 PM
@puberer
Sir pakopya sana ako ng gamit nyo na promisory note..emailko po is npascua22@yahoo.com..salamat ng marami.
kug sakali na meron po sana nakakopya ng promisory note ni PUBERER, kindly help me sa email above..many thanks
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: paulalalala on Oct 03, 2018, 12:11 PM
Sino nagpapa 5 6 dito? Pautang naman. Kahit salary atm for collateral. 5k lang bayaran din after 1 month salamat. :)
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: eliG on Oct 06, 2018, 10:10 AM
promissory note for reference sa mga interested.

PROMISSORY NOTE

Philippine Peso : _____________________      Date Loan Received : ___________________________
                         Due Date : _____________________________
BORROWER
FOR VALUE RECEIVED, I, ___________________________________________ of legal age, Filipino and residing at __________________________________________________________________________ and employed at __________________________________________________________________________ with contact number ________________________________________________________, unconditionally promises to pay ________________________ of __________________________________, the total amount of Philippine Pesos:  __________________________________________________________ (_________________), together with the accrued interest of (____ %) without need of notice or demand after a month the loan was received.
Borrower agreed that in case the loan amount plus interest be paid partially, the balance plus interest will be automatically considered as a new loan and shall be charged (____ %) and payable after a month from the date the loan was due. Failure to pay in full or partially on due date shall mean default.
In case of default in the payment of this note plus interest when it becomes due and demandable, and in case it becomes necessary to collect this note through any Attorney-at –Law, Borrower and Co-maker agree to pay an additional amount as penalty charge equivalent to 25% of the amount due which shall in no case be less than Php 5,000 thereof as and for attorney’s fees, exclusive of cost/and judicial/extra-judicial expenses. Any legal action arising out of this note may be instituted in the Municipal Trial Court of ___________________________________.

_____________________________________________    ____________________
    Borrower Signature over Printed Name               Date


CO-MAKER
I, ____________________________________________, residing at ________________________________
________________________________________________ and employed at _________________________ _________________________________________ with contact number ____________________________, as the Co-maker of the above-quoted loan, have fully understood the contents of this Promissory Note for Short-Term Loan. That as Co-maker, I am fully aware that I shall be jointly and severally or solidary liable with the above principal maker of this note.

_____________________________________________    ____________________
    Co-maker Signature over Printed Name               Date

 
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: mapple on Oct 07, 2018, 11:34 AM
mga sir at maam, ano po gamit nyo loan management para di kayo malito sa kwenta at accounts? bago lang po ako sa ganitong business. thank you and more power
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: SUPREMO on Oct 30, 2018, 03:20 PM
@jesdgreat
Relate ako dito sa nangyari sayo..400k nadali sakin sa duumy account ng collector ko..nalugmok talaga ako..sa ngaun tapos na brgy ko sa kanya..ala nako funds para idemanda sana.
On going pa din ako sa lending pero pinagiisipan ko pa ung permit..
Sa mga magbabalak maglending,, ok naman returns pero wag na wag nyo ipagkatiwala ung pera nyo sa agnet o collector.. dapat alam nyo
nyo mga cliets nyo..kc madadali kayo sa dummy accounts.
ung iba na natuklasan ko..may mga tao na payag pagamit ang pangalan nilsa , pipirma sila sa promissory note, pero merong bayd sa pagpirma nila..500 pesos ang nabalitaanko..kaya dapat alam mo tlga ung clientsmo..xerox ng valid ID nila. at iba pang requirements..
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: carwhacko on Dec 21, 2018, 09:33 PM
Hi been doing this business for 3 years now. i am also an owner of an online travel agency. So i manage 2 businesses. Hehe will try to back read everything here because knowledge is power!
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: lhynne0808 on Jan 07, 2019, 05:21 AM
Hello po i am a silent reader. 5years na din po ako sa lending, ngaun lng ako nautakan ng humiram sakin, 63k principal :-( wala po ako pinapapirmahan pag nagpapautang ako, sanla atm lang, ang meron lng ako proof sa messenger

Need advice po :-(
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: rtiangco on Jan 18, 2019, 09:17 PM
Musta po dito?
Mga Master Lenders..
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: franceschristine00 on Jan 18, 2019, 11:56 PM
Hello po first time lender po ako, wala pa 1 month ilang days palang ako start, may 4 people na po ang nanghiram sakin, medyo may konting kaba, kc siguro first time. Hingi po sna ako mga important tips po and sample po ng mga pinapafill upan nyo po sa mga umuutang sa inyo. Btw atm nila ang bnibigay nila as collateral. Tnx po in advance
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: Marc15 on Jan 31, 2019, 02:02 PM
Gud day po..pwde po makahingi ng sample excel na ginagamit niyo oh app sa pagpapa utang..ung parang listahan po niyo ng mga umuutang sa inyo..salamat po.,
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: jay03 on Feb 27, 2019, 10:11 AM
Eto po ang list ng mga pwede nyo mautangan. I think kumikita naman sila. Pero.. hindi po ba nakakatakot mag put up ng ganitong business? Just wondering

https://mymoneyfesto.wordpress.com/2019/02/24/the-best-online-peer-to-peer-lending-companies-in-the-philippines/ (https://mymoneyfesto.wordpress.com/2019/02/24/the-best-online-peer-to-peer-lending-companies-in-the-philippines/)
https://mymoneyfesto.wordpress.com/all/ (https://mymoneyfesto.wordpress.com/all/)
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: Poging Bagsik on Mar 12, 2019, 08:38 PM
I use excel spreadsheet i share it with my collector para ma update niya din if may mag advance at renew.
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: Poging Bagsik on Mar 12, 2019, 08:41 PM
Boss pwede kita gawan if need mo 😊
PM ka lang pang arawan man o monthly tapos kung ano gusto mo makita sa spreadsheet mo
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: jikiboi on Mar 15, 2019, 06:06 PM
Hello everyone. May web app ako for lending business (ATM collateral type). Live na din to sa server with client portal which enables your clients to view their loan balances. I've been using this for more than a year na along with my tester client. So far bug free and meron database backup mechanism. email me if you are interested.
Title: Re: Profitable ba ang Money Lending Business / Pautang / 5-6 Business?
Post by: Zer-Dex Coin on Jul 29, 2019, 06:27 PM
Hello everyone. May web app ako for lending business (ATM collateral type). Live na din to sa server with client portal which enables your clients to view their loan balances. I've been using this for more than a year na along with my tester client. So far bug free and meron database backup mechanism. email me if you are interested.

mate pwede mo po paki-email sa akin. ito ang email ko. zerdex.market@gmail.com
Thanks a lot!