Loan for business
This query is : Resolved
01 August 2019
Dear Sir,
Our Company wants to apply for Loan for working capital. We borrowed from Capri Global Capital against Company Property but Interest rate is very high. We have returned an 18 Month EMI to Capri Global. We are providing manning service for shipping Industry. FY 2016-17 losses was 32 lakhs, F.Y 18-19 loss was negative 22 lakh. The unaudited loss was Rs 08 lakhs for F.Y 2018-19 & F.Y 19-20 expected profit Rs 10 Lakh. We want to close the debt with Capri Global Loan also want addition 30 Lakhs loan want for working capital. Kindly let us know which bank will give us a loan against the Property
Our Company wants to apply for Loan for working capital. We borrowed from Capri Global Capital against Company Property but Interest rate is very high. We have returned an 18 Month EMI to Capri Global. We are providing manning service for shipping Industry. FY 2016-17 losses was 32 lakhs, F.Y 18-19 loss was negative 22 lakh. The unaudited loss was Rs 08 lakhs for F.Y 2018-19 & F.Y 19-20 expected profit Rs 10 Lakh. We want to close the debt with Capri Global Loan also want addition 30 Lakhs loan want for working capital. Kindly let us know which bank will give us a loan against the Property
01 August 2019
get registered as MSME at Udyog aadhar portal of ministry of MSME than apply for loan at 59minutesPSBLoans website. it is govt portal giving online credits to MSMEs
02 August 2019
THANK YOU SIR,
ANY OTHER OPTION AVAILABLE HOW MUCH WE CAN RECEIVED
ANY OTHER OPTION AVAILABLE HOW MUCH WE CAN RECEIVED
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Applicability
- Is Aadhar PAN linking required for opening bank account?
- Legal heir raised refund , but refund issued to the closed account of deceased.
- TDS NUMBER SURRENDER
- Gst Sales of FY 2023-24
- Offsetting interest income against derivative trading losses
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- RCM - commercial rent paid to URP under GST
- Doubt in Form AOC 4
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
