You might need a loan for a lot of reasons. Maybe you are starting your own startup. Maybe you want to expand your currently established business. Maybe it is a medical emergency and you do not have medical insurance. You might need loan for multiple reasons but you must agree to one fact. It is not easy to get a loan. You apply for one. You submit all your documents. You visit the bank multiple times and you get rejected in the end.
Is there an alternative?
Yes, there are money lenders and you can borrow money from them. But not all money lenders are licensed and you cannot trust them all with their policies. But yes there are other alternatives. Some companies provide loans for all types of needs. No matter if you want an express loan[เงินด่วน, which is the term in Thai], a business loan or funding for your startup, you can count on these companies.
Why go to these companies instead of banks
This is a question often asked by many people. The answer is quite simple. They provide the loan instantly. Suppose someone close to you is met with an accident. You are in urgent need of money. You want the money as soon as possible for the treatment. It is not possible with a bank. A bank has lots of legal procedures that take time. Your best option is to apply to these companies for loan.
How to apply
This is the best and fun part. You can even apply online. You can submit your details and other documents and then they will check your eligibility. Most of these companies do not even check your credit history.
Once the application is approved, you can visit them and do the necessary paperwork. Money is transferred instantly to your account. All you have to do is to pay the installments and interests as per the contract.