Setting up loan companies in singapore

[Mr Tan]

hire purchase legal ??
anyone , i like to start with 50k to roll , possible ?

[BillyB]

You'll need at least 5-10 times that amount for anything realistic. I also believe you would need a money lending license and paid up capital to operate legally in SG.

You'd get a better return if you stuck it in decent fixed income type product rather than by loaning it out.