Hello,
I run a food products company in Gujarat since march 2014 (pvt ltd).
I am looking for expansion and would like to go for a project loan.
There's an individual who had a substantial land that he would like to mortgage and jointly we could qualify for loan. (Approx 8 crore)
We will split loan into equal and use for individual businesses and pay accordingly as well.
However, what kind of ownership percentage should I justify with him.
Regards,
Anand
CAclubindia
