The loan
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- I'm heading to the bank, I wanted to loan so I can start my little business.
- Hello there Abby, I'm doing good. How about you?
- Oh wow, what a coincidence. I'll go to the bank to.
- Same as you, so what's with the getaway outfit huh?
- Hey Laurence, how's you day going?
- That's so nice of you, thank you.
- After you.
- Good morning sir, I would like to have a business loan worth 70,000 pesos
- Have you prepared your credit report, income tax returns, the business' financial report, and a collateral asset?
- Yes, they're inside the folder.
- Thank you sir!
- Very well, please be reminded that the term of the loan is 7 years, at 25% interest and should be paid monthly.
- Good morning ma'am!, I would like to avail a 20,000 peso family loan
- Do you have your credit report, income tax returns, bank statements, certificate of employment and your pay slips?
- Thank you very much! This means a lot
- Yes, the documents are in this envelope
- Nicely done! Take note that your loan has an interest rate of 10%, a term of 13 years, and can be paid monthly .
- You can now leave the room, since your loan has been approved. Thank you!
- Yes, thank you!
- Yeah, sure! It will be my treat this time.
- Yes you're right, I did. You wanna hang out? You know, celebrate this loan HAHAHA!
- You got your loan?
- Yeah sure, I'm kind of hungry by now.
- HAHAHA, sure. 5 star restaurant?
- Yes, I did. I'm pretty sure you also had yours.
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