lets just say i 120k to put in to the business, the asking price...

  1. raider25
    4,447 Posts.
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    14/06/06
    12:51
    Post #: 1621362
    lets just say i 120k to put in to the business, the asking price is 220k. would be looking at a loan for a 120k(20k working capital) the goodwill is 150k and 70k in stock and plant. Net income is 120k p/a. No collateral apart from 120k! wil the bank look at me?

    cheers
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