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Requirements for Raising Loan
Requirements for Raising Loan are as follow:a) Subsidiaries of the company and History.b) Qualifications, ages, and names of the company's directors.c) The names of major shareholders - 51% plus that is owner who must provide consent.d) Nature of the products lines and product.e) Publicity of the product.f) Nature of the loan - safe, floating or unsafe.g) Cash flow forecast.
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Floatation of New Shares Rules for floatation of new shares The company must contain an issued share capital of at least Kshs.20 M. The company must contain c
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Significance of Investment Decisions a) Such type of decisions is importance since they will influence the company's size or like fixed assets, retained and sales earnings.
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