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Do you know how to take a bank loan for business...
26-30, M
6 replies
Jun 30, 2020
nedkelly · M
dakotaggn1991 · 26-30, M
[@5946,nedkelly] explain please
nedkelly · M
[@1118035,dakotaggn1991] have a very good business plan, and explain your plans for the next 3-5 years
Beatbox34 · 26-30, M
First step: Have a good credit score and then contact the bank.
dakotaggn1991 · 26-30, M
[@476293,Beatbox34] how to have credit score, it's first time...
Beatbox34 · 26-30, M
[@1118035,dakotaggn1991] Usually credit scores are determined by the amount of money you owe to the banks. Like if you've never had any pending loans and if you've paid your dues on time then you'd have a great credit score.

Secondly, try the banker that you've been with for years because usually they keep a track of your credit to give you a loan. Some banks prefer to see a statement for the past 5 years.

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