Hey babe, I want to start a business so that I could save up money for when we will have a child.
I'll just get a business loan at the bank that last for 10 years. Hopefully my business goes well so that we can pay it properly.
and where are we going to get the money to pay for your business' funds?
The collateral would be our house and a 40 yard land that we own.
Hi we would like to have a php50,000 business load for my food restaurant.
A business loan for your restaurant, I see. What would be the collateral for your business?
After that Makoto worked hard each day to earn money so that he could pay the loan and earn some savings.
After some years Makoto was able to become a successful Chef and his restaurant flourished. He was able to pay the loan that he did and was able to retire at a good age with alot of money saved at his bank account
He and his wife was able to have a good life and they got close to the bank since they were paying their loans on the right time as guaranteed along with the 6% interest annually.
Yes we've brought the Loan Application FormResumesBusiness PlanBusiness Credit ReportIncome Tax ReturnsFinancial StatementsAccounts Receivable and Accounts Payable.
Wonderful, then let's do the paperwork and do this. Follow me sir.
I understand. Did you bring the things that is necessary to make a business loan?