private money lender SingaporeSince the global economy is rather unstable and unpredictable, banks aren’t usually the best place to go for loans and mortgages. For those who are looking for alternatives could take a leap to the private money lenders  Singapore. Private money lenders refer to any private entities or companies who offer loans to individuals or investors to carry on with their investments. Usually they are not backed up by the local government or banks, hence it is riskier than the traditional money lender from major banks. It could be a hard time to acquire a loan or mortgages with decent terms with banks if you are among the list below

– Poor credit ratings

– New investors with minimal track records

Unless you have a wide and close connections with private money lenders, it is not the easiest job to convince lenders to cut you a decent cheque. Among all the different online sites the in Singapore, CreditHub are one …