How to Start a Micro-Lending Business

September 22, 2011

 

SEMINAR TITLE: How to Start a Micro-Lending Business

Focus: micro-lending business, starting a microlending, micro-lending seminar, how to setup a micro lending

TIME: 9:00 am – 4:00 pm

VENUE: Unit 201 Richbelt Tower, 17 Annapolis St., Greenhills, San Juan City, Metro Manila

SCHEDULE: Please call (02) 727.88.60, (02) 727.56.28, (02) 701.70.01 or (02) 701.70.02 or call/text mobile numbers 0926.622.0768 or 0933.584.7266. You may also click here to view schedule of the Training Program »

KEY TOPICS:

I. Introduction
• Background
• Definition (lending, micro-lending, interest, service charge, collateral, rebates, offsetting, fees, mode and terms of payments, annotation)
• Trends

II. Important Matters to Consider
• Initial capital required
• Market study (target market, area, office location layout and structure, business trends, crime rate, competition, culture, local government policies and regulations)
• Legal requirements and legal aspects
• Human resource requirements
• Complete manual of operation (organizational structure, loan products, flow of operation, accounting system, human resources, company policies and guidelines)
• Capital expenditures and pre-operating expenses
• Business and marketing plan (projections, strategies and promotions, plan of actions)
• Gantt chart

III. Elements of good character and loan evaluation

IV. Collection and monitoring

V. Delinquency analysis and management
• Systematic and strategic approach
• Legal remedies and solutions

VI. Profitability and progress

• Return of equity
• Portfolio management
• Investments
• Decision making
• Human resources

VII. Reminders and tips
• Business ethics
• Integrity
• S.I.R.
• Social responsibility
• Purpose
• Balance

SEMINAR FEE: Php 3,500 per person (inclusive of snacks, lunch, drinks, seminar kit, handouts, certificate of attendance)

DISCOUNT: Php 500.00 Discount if FULL AMOUNT is paid at least five (5) days before the event.

MODE OF PAYMENT:

  • Deposit payment at Banco de Oro. FAX deposit slip (indicate name of participant and seminar title) to confirm reservation.
  • On-site payment (CASH only)
  • Company checks are accepted, provided that they are received at least five (5) banking days before the event.

RESERVATION: Please call telephone (02) 727.88.60, (02) 727.56.28, (02) 701.70.01, (02) 701.70.02, 0926.622.0768 or 0933.584.7266. For other inquiries, kindly send a message by filling-up the form below.

CANCELLATION BY ATTENDEE: Registrant may refund amount paid, with less 30% processing charge from the LISTED AMOUNT within 30 days, or opt to use the payment for a seminar of equal value within 60 days. Cancellation must be done at least 2 days before the event. Non-appearance or failure to inform us of cancellation will result to forfeiture of full amount paid.

CANCELLATION BY BUSINESSCOACH: Registrant may refund full amount paid within 30 days, or may opt to use the payment for a seminar of equal value within sixty days of cancellation.

REFUND POLICY: Payment may be refunded upon presentation of the original copy of bank deposit slip and a valid ID. Cash refund is strictly implemented, and may be availed only at the BusinessCoach office in San Juan City, Metro Manila. BusinessCoach does not deposit refunds.

SCHEDULE: Schedule may change without prior notice. Please call to confirm. BusinessCoach, Inc. is not liable for any expense incurred by seminar registrant resulting from cancellation of any of our events.

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How to Start a Money Lending Business

November 12, 2010

How to Start a Money Lending Business

Focus: how to start lending business, lending business, microlending seminar, money lending business, lending seminar

TIME: 9:00 am – 4:00 pm

VENUE: Unit 201 Richbelt Tower, 17 Annapolis St., Greenhills, San Juan City, Metro Manila

SCHEDULE: Please call (632) 496.69.49 or call/text mobile numbers 0926.622.0768 or 0933.584.7266. You may also click here to view Business Coach Schedule of Seminars

KEY TOPICS:

I. Lending – Definition

II. Philippine Laws Governing Money Lending
• Lending Company Regulation Act of 2007
• Truth in Lending Act
• Consumer Act of the Philippines

III. Establishment of Lending Business
• Capitalization Requirement
• Permits, etc.
• Manpower Needed
• Location
• Costing Your Product – i.e. rate of interest; penalty and other charges

IV. Return on Investment (ROI)

V. Identifying Your Target Market
• Four (4) Cs of credit
• Four (4) Ps of credit

VI. Marketing Strategy / Promotion
• Print ads
• Flyers
• Via internet
• Use of loan agents
• Discounts & freebies

VII. Common Products and Services
• Personal Loan
• Salary Loan
• Business Loan
• OFW Loan / Placement Fee Loan
• Professional’s Loan (doctors; dentists, etc.)
• Retiree’s / Pensioner’s Loan
• Other Types of Loan – community loan or micro-finance loan; market vendor’s loan, etc.

VIII. Common Problems in the Business of Lending
• Delayed Payment; Irregular Remittance
• Default
• Death

IX. Remedial Management
• Restructuring; Amnesty; Moratorium

X. Last Recourse – Filing of cases
• Procedure for Small Claims Cases
• Filing of Batas Pambansa (BP) 22 (Otherwise known as The Bouncing Checks Law)
• Others – Foreclosure; Dacion en Pago, Deed of Absolute Sale

XI. Other Matters:
• AMLA – the Anti-Money Laundering Act
• BSP Circular 795 (re. the new Check Clearing, effective January 24, 2011)
• Usury Law

SEMINAR FEE: Php 3,000 per person (inclusive of snacks, lunch, drinks, seminar kit, handouts, certificate of attendance)

DISCOUNT: 10% Discount if FULL AMOUNT is paid at least five (5) days before the event.

MODE OF PAYMENT:

  • Deposit payment at Banco de Oro. FAX deposit slip (indicate name of participant and seminar title) to confirm reservation.
  • On-site payment (CASH only)
  • Company checks are accepted, provided that they are received at least five (5) banking days before the event.

RESERVATION: Please call telephone 496.69.49, 0926.622.0768 or 0933.584.7266. For other inquiries, kindly send a message by filling-up the form below.

CANCELLATION BY ATTENDEE: Registrant may refund amount paid, with less 30% processing charge from the LISTED AMOUNT within 30 days, or opt to use the payment for a seminar of equal value within 60 days. Cancellation must be done at least 2 days before the event. Non-appearance or failure to inform us of cancellation will result to forfeiture of full amount paid.

CANCELLATION BY BUSINESSCOACH: Registrant may refund full amount paid within 30 days, or may opt to use the payment for a seminar of equal value within sixty days of cancellation.

REFUND POLICY: Payment may be refunded upon presentation of the original copy of bank deposit slip and a valid ID. Cash refund is strictly implemented, and may be availed only at the BusinessCoach office in San Juan City, Metro Manila. BusinessCoach does not deposit refunds.

SCHEDULE: Schedule may change without prior notice. Please call to confirm. BusinessCoach, Inc. is not liable for any expense incurred by seminar registrant resulting from cancellation of any of our events.