Requirements for raising loan, Finance Basics

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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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