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Can you get an education loan if your elder brother has already taken education loan from the bank?
See, if your family is not able to repay the loan amount, then you should not take loan on your family's security. Rather, you can take Education Loan on your name i.e. Banks or NBFCs will give you loan, putting a condition that you have to repay your loan after completion of your degree (within a year approx.). So, you can sincerely study and get job in reputed company and you can easily return the loan amount. Popular Banks such as IDBI, Dena, ICICI and NBFCs like Bajaj Finserv give Education Loan for higher studies on legitimate interest rate. Good luck for your future.
How does tax hinder business'?
they borrow money and take it as a loan
Why is a loan a liability for a bank?
The person or business may not pay the loan back and the bank has to take the loss
How Much Time Will It Take To Get My Loan Approved?
Once you have submitted a complete loan package, a business loanapproval can generally be received in 5-7 business days.
where can i get a small business loan, that i do not have to repay?
You can take a small business loan, but you will have to repay it or face bankruptcy and having your assets seized. Instead you can pursue a grant, which you do not have to repay.
How do i get a Government Loan for a Small Business?
While you cannot get a loan for small business directly from the government, you can take out a loan from a bank or other lending institution that is guaranteed by the Small Business Administration (SBA). The main loan program is called the 7(a) Loan Program, and it is designed for existing businesses and start-up businesses.
Is the loan you take to buy the business considered a liability and equity?
The loan is considered a liability - The value of the company is the equity.
How can I obtain a business loan?
You can obtain a business loan by going to a bank or lending institution. The different lenghts of time that you take the loan for will determine your interest rate. Another thing to consider is what assets do you have that you can use as collateral? This could help determine if you are eligible for the loan.
How long does it take to close on a mortgage loan?
usually 3 to 5 business days
The Right Time to Take Credit?
Believe it or not, there is a right time to take credit or a loan, and it is precisely when you do not need it. Starting a business with a loan is only right when you already have the money to start that business without the loan anyway. You can then secure that loan with the money that you already have stored away and have more leeway with your finances. In the same way, taking a loan for a house or a car, especially a car, is best done secured. Have the money already set up in cash, then take the loan against the savings.
Can you take out a loan for small business credit cards?
Some banks will give you a loan for a small business if you have the proper credit. And yes, there are some credit cards available specifically for small businesses.
What should you do if you find the business card of a woman who works at a bank three hours away in your husband's wallet and your husband refuses to take out any kind of loan?
I don't see the problem. He probably went to the bank previously and was handed a business card by an employee at the bank. I've had several given to me for possible loans or Retirement Planning. Your husband just doesn't want to take a loan out. If you don't believe him then go to another bank and see if he wants to take the loan out.
