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How do you convince a bank to give you a loan!
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[QUOTE="Richee84, post: 206120, member: 42448"] Ur analysis above is a very good one with the 5Cs u have used. Ordinarily is not that easy to approach a bank and get a loan from them. All the five qualities listed above will have to be consider by the bank management before they will give their approval to the loan. To me the most critical quality I think the bank will consider is the Collateral security the person have on ground that can be use to repay back the loan in case of any default from the borrower. Banks are always mindful of not running into a lose. [/QUOTE]
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How do you convince a bank to give you a loan!
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