THAT IS EAGLE LOAN/ EAGLE FINANCE BUSINESS (вЂњEAGLEвЂќ)?
It might be better to start with saying whom Eagle is certainly not. Our company is perhaps not a advance loan operation, вЂњpayday lenderвЂќ or a вЂњtitleвЂќ loan provider. Those organizations keep on being under federal federal government scrutiny presently and quite often customer boat finance companies like Eagle are wrongly rolled into that exact same category. It is most likely because we have been both perhaps maybe not banks that are traditional but both nevertheless lend cash. Nevertheless, the similarities end there.
Eagle is a old-fashioned consumer finance business. The company model (and prices) of old-fashioned boat loan companies have actually basically perhaps maybe not changed in over 130 years. With Eagle, you steer clear of the typical red-tape that banking institutions subject you to definitely in order to get yourself a tiny loan.
Our business that is primary is- unsecured loans to people. Typically, loans are $1,000-$10,000 and repaid in 8-24 months.