Loaning businesses - need your insights

**vinj** · June 1st, 2012 11:55 AM

Originally Posted by holdencaulfield

ang taong humiram sayo ng pera hangga't hindi sinosoli huwag mong pag-katiwalaan. may mga gago padadamahin ka lang. mabilis mag-bayad sa una, yung mga susunod pahirapan na. sa pera walang TRUST. trust deposit meron hehe.
patubo muna kayo sungay, seryoso yan.

Originally Posted by yebo

sabi nga ng kaibigan ko, kung gusto mong di masira ang friendship e huwag kang uutang.

usually ang umuutang sa ganyan yung walang savings at walang assets na pwedeng gawing collateral. sa akin lang e bakit ko naman papautangin yung taong wala, e di ba it follows na wala din siya ibabayad sa utang nya.

I agree with these two. Dapat malakas sikmura mo, marunong ka manghabol, and you dont value relationships with people you'll lend to. And yes, high risk ang mga umuutang sa ganyan because they most likely will not qualify for credit with formal institutions anymore or they are maxed out also with other loan sources (Pag-ibig, SSS, Company/Union loans, etc).

Lastly, don't lend money you can't afford to lose or write off. This is whether you're doing it as a lender or as a friend.

**vinj** · June 1st, 2012 11:56 AM

Double post

**jansky** · June 2nd, 2012 12:23 AM

Anyway hindi tinuloy ng wife ko after nabasa nya lahat ng post dito di kasi naniniwala sa akin or di lang ako marunong mag explain heheh

**robot.sonic** · June 2nd, 2012 06:47 PM

ayos lang yan bro. kung di kayo komportable, wag nyo na ituloy.

**111prez** · June 2nd, 2012 07:42 PM

sa amin naman, project loaning/investing

there are entrepreneurs there who have the contracts but do not have the capital to commence the same

may P.O. na rin sila so secure ang project. may track record na rin na maganda

returns and terms of repayment are good (not more than 6 months)

but the key is to trust the businessman/woman you are investing in

**pink888** · August 26th, 2012 10:24 AM

Originally Posted by jansky

Anyway hindi tinuloy ng wife ko after nabasa nya lahat ng post dito di kasi naniniwala sa akin or di lang ako marunong mag explain heheh

Good thing po..

Got a personal experience..

I lost a big amount of money.. Close to 1M.. I trusted my friends.. But, they betrayed me..

They are paying now.. But, leisurely..

I don't regret what happened though because it taught me a lot of stuff.. And, im a lot stronger now..

**jon777** · September 3rd, 2012 02:01 PM

^^^^^
ako naman, i called up 2 of my closest/wealthiest friends last week since at that time our family was offered a business opportunity. big capital ang kailangan at cash pa in less than 2 weeks. after coming up P3 M short, i called/texted my 2 friends but both replied a few days later. Since this is the first time our family was asking for a loan, Sabi ko kahit 1-1.5% interest per month with collateral. Di daw nila kaya, so ok lang. finally after 4 days, we came up with an additional P2M from internal funds coming from our main business so umutang na lang kami sa isang relative ng P1 M at 2% per month interests. the thing is, pede maglabas yung mga brother in laws ko pero my family would rather take money from relatives/friends kasi ayaw namin makialam ang mga asawa ng sisters ko para walang gulo in the future.

we could have taken a loan from a bank but processing would take 4 weeks and we need the money in less than 2 weeks.

next time magkita kami friends ko, magsisinungaling ako na wala na Pajero BK ko dahil na-remata ng banko. gusto ko lang makita reaction nila. kapag lumayo, ok lang

**ecneret** · September 3rd, 2012 02:42 PM

mukhang mahirap yan sir... mas ok pa sir kung tatanggap kayo ng sangla like kotse, lupa o bahay... atleast may collateral di ba?

**freeloader** · September 3rd, 2012 03:34 PM

Been there, done that. Unfortunately, lost 700k several years ago. Masakit sa ulo, nagkaso kaso pa and nabayaran lang parang less than 100k. Don ko lang nalaman wala pala talagang nakukulong sa utang.