Tuesday, September 21, 2010

Why pay a bank a high interest rate to borrow money on credit cards when you can borrow from your family for much less?

This is the question that is the basis for companies like One2One Lending. One2One offers the private lender all of the tools and resources to complete a successful loan – without the fees associated with lawyers. Through its website www.One2One Lending.com the company is the leading provider of Private Lending tools such as:
• Promissory Note Agreements
• Sample Loan Forms
• Private Loan Agreements
• Simple Loan Contracts
A typical story of a one to one customer is Jimmy Z from Long Island, New York. "I was looking for a do-it-myself promissory note to borrow some money for my new card shop. One2One’s website was easy to use and in no time I set up a promissory note with a friend in the business. We agreed on the interest rate and the loan payment amount, and then we put our agreement in writing."
One2One Lending helps out new business owners who would have put thousands of dollars on their credit cards at high interest rates to fund their new businesses. Instead, they are able to borrow money from family members at a much lower rate and keep the money in the family.
One2One Lending empowers lending among family members and provides people with funding alternatives to high interest rates and difficult banks. If you’re paying high interest rates on business capital or any kind of loan and a family member might consider helping you out One2One’s website will provide the resources and tools to help establish a successful private loan.

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