ZimpleMoney's "Lending with a Purpose"
7 Steps to Loaning Money to Family, Friends and Charitable Non-Profits
November 4, 2010
Orange County, CA: The 2009/2010 recession and tightened bank credit requirements have made it nearly impossible for consumers, small businesses, and non-profit organizations to qualify for a bank loan. A healthy Main Street requires a vibrant borrowing and lending community. What can one person really do to help recharge the US Economy? We think a whole lot! ZimpleMoney’s newly published “Lending with a Purpose: 7 Steps to Loaning Money to Family, Friends, and Charitable Non-Profits” guides borrowers and lenders through the steps of applying for and making a private loan.
This thoughtful guide helps the reader understand what lenders should consider when making a loan, how to document the contract, and most importantly how to make a loan that gets paid back. According to the author and ZEO Steven Rabago, “There is so much negative written about making loans to Family and Friends and Non-Profits; I want to encourage people with the financial means that making loans is a good and economically productive activity.” He adds, “I want to give people permission and a refreshed confidence that lending money to family, friends and charitable non-profits is absolutely OK!”
Get your free copy of ZimpleMoney’s “Lending with a Purpose: 7 Steps to Making Loans to Family, Friends and Charitable Non-Profits,” at www.ZimpleMoney.com.
ZimpleMoney.com (Zimple, Inc.) started in 2008 to provide consumers, business, and organizations a cloud-based software platform to process payments and manage financial agreements. It operates www.ZimpleMoney.com, a site for most users, and www.ZimpleAuto.com, a site specifically for auto dealers. Zimple is headquartered in Costa Mesa, CA.
ZMO, Zimple Marketing Officer
877.494.6753 ext. 530