300k Loan or Investment Needed Urgently To Buy Stocks For My Soft Drinks Wholesales Business In Ogun State

These stocks is needed to help me secure a bigger loan from a microfinance bank.

I have a car and 20kva lister generator that I can pledge as collateral

Duration of 1-3months
Interest rate of 10-15% or as would be agreed.

All assistance will be well appreciated.

Innova:
300k Loan or Investment Needed Urgently To Buy Stocks For My Soft Drinks Wholesales Business In Ogun State

These stocks is needed to help me secure a bigger loan from a microfinance bank.

I have a car and 20kva lister generator that I can pledge as collateral

Duration of 1-3months
Interest rate of 10-15% or as would be agreed.

All assistance will be well appreciated.

Call or Whatsapp O81 36 86 699O

If you take 300k loan, can't you gradually grow that supposedly stock? Rather than going forward to take another loan? I really don't think taking that loan from mfb is ideal

gmacnoms:
If you take 300k loan, can't you gradually grow that supposedly stock? Rather than going forward to take another loan? I really don't think taking that loan from mfb is ideal

The mfb loan is already at the final stage and it will enable me order drinks directly from the company at distributor price which translates into more profit and customer base for the business.

Innova:


The mfb loan is already at the final stage and it will enable me order drinks directly from the company at distributor price which translates into more profit and customer base for the business.

From my little experience, when there's an altercation in the process, defaults abound. Because, the supposed business is supposed to have the true capacity of the intended loan. Obviously, the business is accessing a loan beyond its capacity, and it usually ends in troubles for the applicant and the credit vendor. Good luck though, but I'll advice you to ignore and push with the little you have. Grow it gradually, because if you can't grow it, you definitely can't payback that loan because of several indices

Sell the car to support your business then buy another car when you are able to grow ur business

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What kind of car?