Human life in this world is very difficult to separate from debt. Start with the rich or the poor. Who owns the business or not. Debt becomes a means of help if appropriate use and ability. But the debt would be the beginning of disaster if wrong use and miscalculate the ability. Well if you are currently planning to take a loan then it would be better if you take a loan at Cashfloat. In addition, here are some tips that I can give if we want to borrow money in the bank needs to do things as follows:
1. Know your needs or your business needs. Do not prioritize the desire of interest. If our production is small while the order is higher so it cannot fulfill the demand, meaning we need facilities related to production volume, so do not borrow money to buy a car or expand the building, but prioritize to buy production equipment.
2. If you already know your needs to calculate the ability to pay, how much the monthly input, how much expense. Well, the rest of the calculation is 50% for savings, 20% for other expenses and the remaining 30% for loan installments to be filed.
3. Talk about your transparent needs with Bank officers. Do not cover the things asked by bank officers, such as how monthly income, how much expenditure, from where the source of funds obtained, there is debt/accounts receivable elsewhere and so forth. Even sometimes the Bank will ask also our hobbies and other habits. All these things are very useful so that Bank officers can determine the accuracy of the calculation and what kind of loan is suitable for us, including our character will be the main determinant of a loan can be given or not by the Bank.