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SALVADOR - BUSINESS LOAN

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  • We're running out of budget for our daily needs. I need to think of a good business to start.
  • Hey, Imojen! What are you thinking? It is like you have a problem
  •   At the Bank
  • Yes, my family is in need of financial support and I want to start up a business but I don't have enough money.
  • Oh, My dear friend. It's not a problem. Come with me and I'll take you where you can get a money to start your business. We just need to prepare some papers to present there. 
  • What are we doing here?
  • Just like me, you can get also a loan in this bank.
  • Really? Wow.
  • Yes, we did prepare it already.
  • I would like to get a business load worth 30,000
  • Do you have your credit report, income tax returns, the business financial report, and a collateral asset?
  • Okay good! Just take note that your loan has an interest rate of 14% in a term of 15 years and you can pay it monthly.
  •    After an almost 5 months. The business didn't meet their expected income so they had a problem on paying the loans. It is really possible not to avoid this kind of struggles when getting a loan. But, she immediately got a solution for the problem. Fortunately, after some months their business became famous and got a high profit and then paid the loan.
  • I got a loan, thanks for the idea, my friend!
  • So, how it is?
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