Wonga.com, the successful but controversial payday loans provider, is extending its credit service to small businesses in the UK. The move is a smart one given the current economic climate. Banks have been lambasted for not lending to small businesses - Wonga is simply going to try and fill in the gap - and take advantage. Needless to say this could end up being a huge business for Wonga. Despite attracting the ire of financial journalists - including the Daily Telegraph, which prevented it from winning its Startup 100 awards - Wonga has made as many as 4 million short-term loans to consumers since its launch in 2007.michigan football sugar bowl mild kidney failure presidential candidates celebrity wife swap gla republican candidates
No comments:
Post a Comment