You're probably going to have to put up collateral equal to or greater than the loan in value. In other words, real property like land or stocks-bonds ect. This is refered to as a secured loan. No bank is going to loan you that much on your good name alone.
== == Get in contact with Kennedy Funding.
You probably can't unless you have 100 million dollars collateral already.
The average monthly payment on a five million dollar business loan depends on the loan term and interest rate. For example, with a 10-year term at a 5% interest rate, the monthly payment would be approximately $53,000. However, varying interest rates and loan durations will significantly impact the monthly payment amount. It’s best to use a loan calculator for precise figures based on specific terms.
Use equity in existing invesments, prove, on paper, that you can service the loan - dont use over the top occupancy rates etc
at 5 % interest rate: $12,800 per month if it's 30 year home mortgage loan. or $23,300 per month if it's 10 year personal or business loan. wassallam
Ask
== == Get in contact with Kennedy Funding.
You probably can't unless you have 100 million dollars collateral already.
* yes beccause if u work a loan u mite get money or get lease at a time
world bank
The average monthly payment on a five million dollar business loan depends on the loan term and interest rate. For example, with a 10-year term at a 5% interest rate, the monthly payment would be approximately $53,000. However, varying interest rates and loan durations will significantly impact the monthly payment amount. It’s best to use a loan calculator for precise figures based on specific terms.
Use equity in existing invesments, prove, on paper, that you can service the loan - dont use over the top occupancy rates etc
at 5 % interest rate: $12,800 per month if it's 30 year home mortgage loan. or $23,300 per month if it's 10 year personal or business loan. wassallam
A million dollar bend
No, zero dollar payments do not count toward loan forgiveness.
No, of course not. Think about it - Principal is the money you borrowed - you didn't pay any income tax on it when you got it.If what your thinking could be - then You loan me a million....and I loan you a million, and when you give it back to me to pay off the loan (in one or 360 payments), and (presumably) I give it back to you...we both get a million dollar deduction?Your no richer or poorer...and neither am I...neither of us had any expense or income.
Million Dollar Babies was created in 1994.