Business Loan In Dubai Business Loan?
Business loan? - business loan in dubai
I think applying for a commercial loan of £ 30k. I want to buy a new business agent for 65 thousand U.S. dollars and £ 35K of my own means.
I understand the importance of business plans, etc., and I will clarify.
At the moment I have £ 20K on a personal loan and my payments are up to date. Is this debt, it is difficult for me to get a business loan?
Thanks
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4 comments:
The banks are guided by their experiences with you. If you have £ 35K of his own staff and your loan is current, they already know that you are a responsible person and more willing to accommodate you.
Just a thought - if the interest rate is less than the personal loan business, you could do better in the cleaning staff as a whole, and only the commercial loans. In addition, the interest you pay is a business expense and is tax deductible. I do not think it applies to personal loans, another reason to get rid of it quickly.
PS I took a loan and pay a little extra time to time in my coming to the refunds. This will reduce the interest but also means that if I am sick or take holidays, payments must be paid in advance, so you need not worry
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