RATIOS
Querist : Anonymous
that what are the financial requirements(ratios) for a bank to sanction a business loan
kindly
answer my query
TOL/TNW
PBIDT/INTT.
PAT/NET SALES (%)
ROCE (%)
INV.+REC./SALES (DAYS)
Further some points for consideration.
1) Ensure that Current ratio must be at least 1.33.
2) The amount sales must at least 5 times that of the loan amount. Every bank has different rules of granting loans, however generally 20% -25% of the sales amount is considered as loan.
3) While preparing Projected b/s, consider any major changes planned by management, like any major purchase of asset, raising of capital, settlement of any existing loan etc..
I hope it will help you a little.....
Querist : Anonymous
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