Want to apply for "business"/Personal loan.
I have setup outsourcing "business" for more than 5 years already.
Right now i have 5 employees and wanted to expand.
I started as homebased and now we already have office.
Roughly I can generate 100k plus /month (without deductions yet (Employee's salary, electric bill etc..)
Currently my gross income is 60-75k/ month with proof of income.
I can send u my latest bank statement, home office photos etc..
Unfortunately, since my focus is on business i didn't have car yet.
I do have amortized house and lot in a subdivision, 5 desktop pc & 4 laptops and branded appliances.
(I don't know if the above mentioned items/appliances will do as a collaterals)
I have savings account under BPI but dont have business permit yet.
That's part of my plan to process permit etc.. once i can acquire loan so I can add more employees since we already moved-in to an office.
This is part of my plan and lot of things will come depending on the amount of Loan I can acquire.
My estimated cash need is atleast 80k to start hiring additional employees and setup their workstation.
Or make an offer. I might go for it.
Just pm or comment if you need more details.
My main goal for the next 2years is to get additional 10 employees.