05 May 2010
My firm is interested to finance an equipment on term loan basis. what are the factor that banker or institution will consider before granting loan.
05 May 2010
Some Factors regarding the Equipment are > - The life of the Equipment. - The Capacity and usage of the Equipment. - The Depreciated Value and effect of the use on the equipment. - The service and maintenance requirement for the equipment. - The salvage value of the equipment in the end. - The productivity that the equipment could provide.
Other Factors > - The finacial stability and status of the enterprise. - The EMI pay back capacity of the firm. - The Creditibility of the Firm. - Loans already taken by the firm and are active.
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