If I can get a $S50,000 bank loan, with a interest rate of about 6%p.a. What bussines should I set up?

Question

Any business idea for setting up in Singapore?

Answer 1

food biz

Answer 2

If you like trading business, you can try to find a good niche product and ship it into singapore and try to sell them to business.

Try www.globalsources.com or www.globalsourcesdirect.com some of their products are pretty good for selling to businesses.

Answer 3

loan shark.

Answer 4

Yeb...Lending money business at 12% interest rate for the first year, then 24% annually for the rest of the term....(you be millionaire in no time)....I wish !!!...haha

Answer 5

Any INTEREST in FilterPen?

It's a handy water filter in the form of a straw which filters the water by means of X-Flow micro filtration membranes have been used successfully in the worlds most advanced water purification plants.

The FilterPen micro filtration membranes have an average pore diameter of 0.18 micrometers and a maximum pore diameter of 0.25 micrometers ( one micrometer is one thousandth of a millimetre ) and therefore remove bacteria and protozoa ( over 99,9999% tested with E.coli bacteria ). Each FilterPen is individually tested of it effectiveness.

Viruses are not removed because they are smaller than the pores. If there are indications that the water to be purified is contaminated with viruses or if there are doubts about this, you should give the water prior treatment before using the FilterPen. Viruses can be deactived with the help of a chemical disinfectant product intended for this purpose, for instance a chlorine-based drinking water disinfectant.

Feel free to contact me, if you need more info in this product.

Answer 6

a bank

Answer 7

try FMCG (fast moving consumer goods) stuff, you need to generate fast cash to your profit and at the same time pay your bank

Answer 8

Invest in Blue Chips.

On average, if you do you homework by understanding the stock that you are buying, normally you will get about 2% to 5% of return per month.

Answer 9

My name is Mr Steve Mark,a registered and licenced money lender that gives out loans ranging from $3000 to $2000,000.00 at low interest rate to interested and serious customers.Come now to put an end to all your financial struggles, your credit does not matters to us provided you are trustworthy.You are to contact me via email at [e-mail] for further proceedings.Thanks.

Mr Steve.

Answer 10

No, no, no.

Find out what kind of business you want, and THEN think about the money. You're doing this backwards, and that's entirely dangerous.