a pvt ltd co wants to incorporate by getting finanace frm another co. hw it ll get the working capital?? co. dosent want to take loan from bank.
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 14 November 2011
The company will be required to draw out an Project Report say for the next 10 years. In that it has to provide the projected details of the direct Incomes that it would be earning each year & the related direct cost that it would be incurring.
then it would have to give the details of the machinery that would be required to run the business & the expected capital cost that it will need to infuse. As it is an pvt ltd co. the directors can show their near ones as gurantors for the loan to be taken from the company.
Nowadays finance companies provide business loans to companies for the puropse of getting working capital for running the company. Please try to collect information regarding business laons from finance companies.