Purchase or Sale of a Business
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|Ref No||D002/SAS-03|| |
|Category||Engineering / Finance|
Money Lending License for SaleThe license under company with exclusive name, currently valid but not in active with clean record. There are about 3,000 plus licensed moneylenders in the country. So, it’s a good investment for the license if you want to be a licensed moneylender.
Licensed moneylenders are regulated under the Moneylenders Act and Pawnbrokers Act. Buyers can check the legitimacy of a moneylending company with a list on the Urban Wellbeing, Housing and Local Government Ministry website.
During transaction in between The Vendor and The Purchaser, all the money will go thru lawyer firm and park into the client account.
Available on Request
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