Anonymous

18 Jun 2021

∙

Can one company provide a short term loan to another company, without obtaining a lending license?

Can one company provide a short term loan to another company, without obtaining a lending license?

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Lim Boon Tat

29 Jul 2021

Mathematics at Cambridge University

I'm 99% sure it's a yes. doesn't require a lending license, but there's probably some cap on the amount, e.g. up to XX% of paid-up capital.

Reply

Save

Write your thoughts

Related Posts

I'm moving from one company to another but I don't know how to ask for a better pay raise. How do I ask for a pay raise the right way without overstepping? What traits about me should I highlight?

Hi there, I’ve recently started a more in-depth study on various housing loan and I’m very incline on obtaining a bank loan. However, I have many “options” (in comments) offered to me in terms of interest rates. Any advice?

Has anyone have any experience in getting a personal loan from the bank for short term investment purposes (1 year)? Let's say a low 1%+ interest loan for 20-50k for 1 year period?

If my company has term life insurance already; should I get personal one and should I reduce the coverage on my personal term because of this?

How to buy 2 properties with 700k one for rental without taking loan?

Related Posts

I'm moving from one company to another but I don't know how to ask for a better pay raise. How do I ask for a pay raise the right way without overstepping? What traits about me should I highlight?

Hi there, I’ve recently started a more in-depth study on various housing loan and I’m very incline on obtaining a bank loan. However, I have many “options” (in comments) offered to me in terms of interest rates. Any advice?

Has anyone have any experience in getting a personal loan from the bank for short term investment purposes (1 year)? Let's say a low 1%+ interest loan for 20-50k for 1 year period?

If my company has term life insurance already; should I get personal one and should I reduce the coverage on my personal term because of this?

How to buy 2 properties with 700k one for rental without taking loan?