Sadly once you get to 3/4th tier lenders who will welcome your business you will be paying astronomical interest rates. If the money is for something you can hire long term (a car for example) I would do that until you have your finances in better shape for mainstream lenders. All lenders are vultures IMOHi just wondering if anyone knows of Loan companies for working ladies?
25k is what I would be interested in.
I’ve only just returned to work so my banking looks terrible at the moment
Any advice would be great…
Thanks
Alana
XXX
To start a business- but yes as I assumed I need my banking to look goodTry non-bank landers e.g. Aussie home loans etc.
Don't go to those emergency loan 'til pay cheque comes lenders though, they're ripoff artistes. Do you own your own home? If so, the equity may help but it's a razor-sharp edge you walk on depending on rates and the time period you opt to repay.
I guess the $64,000 question is... what do you need it for? A car? A lifesaving operation? A wedding? Only reason I ask is to see if there are other avenues. It'll help the sages on this board to help you.
To start a business, in the adult industry it’s annoying as I know it will be profitableLoans Comparison - you need money, they have money
Do you need a loan to travel, buy a car, consolidate debt, or for your wedding? We'll help you find the loan for what you need.www.finder.com.au
At present day rates, $26k repaid over a 3 year period is almost $300 a week (allowing for variables). Tread carefully. Will you still be in the same line of work earning as much for 3 years? Hence telling us what it's for would be useful.
The good times (if you want to call it that) are expected to last another three years. Set yourself a goal and work towards saving the money at $1000 a month ($250 a week). If it's a good idea it can wait as long as you don't share the idea with anyone. Thought of the National Bank of Mum and Dad?To start a business, in the adult industry it’s annoying as I know it will be profitable
To be honest, if it ain't broke, don't fix it. You're earning good money now, use that to invest in a property which you can rent out. Like Miss Monique said, some things aren't worth the headache. Put half your money aside as a depost on a house or good townhouse or flat near a uni or hospital - they're very rentable.The good times (if you want to call it that) are expected to last another three years. Set yourself a goal and work towards saving the money at $1000 a month ($250 a week). If it's a good idea it can wait as long as you don't share the idea with anyone. Thought of the National Bank of Mum and Dad?
Yeah, I was surprised by the size of the desired loan as WLs can pull in a lot of cash. I guess the ATO must be taking a good chunk of the earnings.25K is a small sum for earning capabilities for one of us ladies. That is a huge red flag. Even in the current economic crisis, a working lady can earn that in a short time.
Do you have a business plan, an executive summary, or a competition analysis? Have you studied business management? These are all important things in starting any business.
As a former adult industry business owner. I can tell you, no amount of money is worth the headache.
Work on building your brand and clientele
That sucks! (no pun intended) It's self employment like most contractors/tradies. The better you are at any job, the more you get paid. Based on an hourly charge out rate SW's are up there with most professional occupations. What makes lenders the moral guardians of society? Or are we still in the dark ages.No one will lend money to a declared escort in today's world 30 years ago, they did, but we are politically unacceptable as a source of income. To borrow money to buy a home ladies have to have a straight job and a group certificate to have any chance even with a 50% deposit/