Required business loan without any collateral for proprietorship business
This query is : Open
Vikash Gupta
(Querist)
23 June 2016
I want to start a new business i.e. trading business. but except last 3 years itr don't have any collateral. so anyone can advice how to get loan from banks
Rupesh Jain
(Expert)
23 June 2016
bank take current year sales and income and also for income trend they take last three year itr That you are earn sufficient income to repay the intt. on time.
Vikash Gupta
(Querist)
23 June 2016
thanks rupesh jain sir
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