The working mechanism of installment loan Be it a residential matter or a commercial one, cash is lifeblood for both. If the financial matters are managed in an appropriate manner, you or your company will be in healthy and prosperous state. But vice versa to it, if the financial matters are neglected or managed poorly, you or your company will be in cardiac capture. So see to it, that you always maintain the former state. If you are a business proprietor and have not well thought-out control finance then, you're almost certainly undermining your business's temporary steadiness and its long-term survival. So you must be conscious enough to pay attention towards every aspect of the business. It is no where written that if an individual or a company takes loan, the individual or a company has shortage of money. It might be a possibility that they want to invest money according to their own flexibility and still gain maximum returns from the same. Sometimes the circumstances arise, when you do have money and have invested it for some other purpose and thus, you are incapable of paying the money in lump sum. In this scenario, what you can do is, take loan on installment and carry on with your work without any hurdles. There are several things that are required to apply for an installment loan: - the applicant must be of 18 years - must be working - must be a resident of UK and have account If these above mentioned criteriaâ€™s are fulfilled, then you are all set to take the installment loan. Once you have the availability of loan, you can carry on with your work without any obstacles and pay back the sum of loan with allotted rate of interest.