Metro South Cooperative Bank Loans
Author: zendl
28
May
Financial program: Cooperative lending program, cooperatives / corporations / private individuals / single proprietorship, loanable amount depends on the entrepreneur’s requirement, prevailing market rate, loan maturity 5 years, payment based on borrower’s cash flow by way of post-dated checks (PDC).
Collateral/security: REM; chattel mortgage for non-coops or individuals
Requirements: Audited financial statements for the last 3 years with ITR; latest interim financial statement; company/business profile; 6 months bank statement; photocopy of the title with pictures and vicinity/location map; latest real estate tax receipt.
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