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Investment opportunity – 1 year loan. Interest at 18% p.a. payable monthly. R500,000. Fully secured.
Owner of successful new Motor Bike Business, is short of working capital to finance stock. He wants to borrow R500,000 for one year, and will pay the Investor 18% interest, payable monthly, which actually means the interest rate is much higher than the 18%. As security he will give a Notarial Bond over his stock.
This is a great opportunty to earn an handsome income, from your otherwise low interest earning money, in order to give you an income, whist not eating into your capital to survive.