Motorcycle Financing

[lazaro4ever]

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Hello to All,

My brother and I are planning to start a business of financing motorcycles with an estimated capital of around 180k (maybe starting with 3 to 4 motorcycles first) and we also have small shop with a very good mechanic. The idea is we will finance the motorcycles for our customers. We will buy the unit with cash and let our customers pay us monthly or data-data. And add one unit per month until we reach 15 to 20 units under our mortgage plan.

I'm wondering what are the legal requirements and if you have any suggestions how to make it worthwhile..

[brandnewbien]

Nice.
I'm also interested to learn what legal actions to do if someone doesn't continue to pay the data-data.

[mojojojo2010]

hatag lang ko pre-caution this kind of businees, sir. pag bantay gyud mo sa mo loan og motor. some have bad intentions of doing such loan mag himo2x ra cla fictitious name, dili namo ka gokod if ma delinquent na cla bayad.

1. mag loan cla unya after pila ka months dili na mo bayad ila lang pa bargo pero naka gamit na cla.
2. mag loan cla unya ila koha-an parts ang motor ilisan lain kana use na unya ila pa bargo motor.
3. worse ila e bangga ang motor or e dagan.

But naa pud mga good faith mo loan, sir.

[chubz_143]

bro, i'll be your first customer if madayon imong motorcycle financing

[princess_21]

nindot kaayo ni nga business TS pero again pag-inistrikto lang sa mga mangutangay may ng manigurado dyud karong panahuna...

[lazaro4ever]

Nice.
I'm also interested to learn what legal actions to do if someone doesn't continue to pay the data-data.

I think embargo ra jud bro. the law isn't really particular of non payments, which is the reason why credit cards are quite expensive here.

hatag lang ko pre-caution this kind of businees, sir. pag bantay gyud mo sa mo loan og motor. some have bad intentions of doing such loan mag himo2x ra cla fictitious name, dili namo ka gokod if ma delinquent na cla bayad.

1. mag loan cla unya after pila ka months dili na mo bayad ila lang pa bargo pero naka gamit na cla.
2. mag loan cla unya ila koha-an parts ang motor ilisan lain kana use na unya ila pa bargo motor.
3. worse ila e bangga ang motor or e dagan.

But naa pud mga good faith mo loan, sir.

Ipa C.I. man namo bro through a good security agency, which is why naay downpayment if mag palit ka ug motor. Of course, two government IDs + co-borrower.

kana akong kabalaka bro, parts ang kuhaon. I think like most, downpayment ra jud imong lakag ani.. my original plan is since we have a shop, it will serve like a 3S shop. Free checkup for every payment.. and if maayo ang payee, free change oil and others freebies.

nindot kaayo ni nga business TS pero again pag-inistrikto lang sa mga mangutangay may ng manigurado dyud karong panahuna...

mao jud. dapat e CI jud ug tarong.

[pcline627]

I think embargo ra jud bro. the law isn't really particular of non payments, which is the reason why credit cards are quite expensive here.



Ipa C.I. man namo bro through a good security agency, which is why naay downpayment if mag palit ka ug motor. Of course, two government IDs + co-borrower.

kana akong kabalaka bro, parts ang kuhaon. I think like most, downpayment ra jud imong lakag ani.. my original plan is since we have a shop, it will serve like a 3S shop. Free checkup for every payment.. and if maayo ang payee, free change oil and others freebies.




mao jud. dapat e CI jud ug tarong.

Nadayon ni bro?

[squelch]

unsay may balita ani ?
mu apply ko

[alexboi]

up tah ni beh....kung nadaun ba ni....