Andrew wants to have a business loan with METRO BANK.
Hello sir, I would like to do a business loan to start my small business.
First, I need to know your financial status .I need your credit report, income tax returns and company's financial statement.
Yes , my boat.
Great! then you just need to sign some papers, confirm some details, the amount you want to borrow and for how long are you planning to pay for it.
Do you have a collateral to secure your loans?
Lance wants to know and try a consumer loan.
Hi sir, I interested in doing a consumer loan. May I know the qualifications for this loan.
you need to submit a credit report, bank statements ,and income tax returns. It may also require collateral to secure your loan.
If I borrow 50k,will it have a higher interest?
my mother first if it's okay for me to do soAhh okay, I'll ask
No, because in a consumer loan, you have a longer term that makes your interest rate lower.
Sure ,I'm hoping to discuss this with you furthermore in the future.