When I first tried to take out a loan for my first business
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vusithembekwayo

2024-04-10 21:54:55

i started my first business i did i went to the bank what was your overall business plan i made the cardinal mistake of writing a business plan i never should have was a waste of time i wrote the business plan then i went to the bank the banker went through my business plan and then called me back about three four days later and said to me so i can potentially do twenty five percent of the amount that you're asking but for the other seventy five percent we need you to secure to seventy five percent does it show with what could well do you have land yeah
no i don't my mum has a home where is the house my mom lives in a township and purely because we live in a township and the bank wasn't satisfied with the rate of appreciation and property value growth the bank declined the loan for me to start a business own dna
today that same bank has the unmitigated temerity to find me and ask me if i want to have be their wealth flight the differences the bank understood and work my credit model based on the second industrial complex thinking you must have an assets the asset must be one we can feel and touch
then he's worth taking the predators