name 4 services supposing by banks for businesses.
2.. List 3 pieces of info which the in isolation singular association contingency yield when opening the business
3.. State 4 factors which banks contingency cruise when extenuation the loan
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- LOOKING TO INVEST IN A BUSINESS WITH SOMEONE. ANY IDEAS?
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- HOW DO I ASK FAMILY TO INVEST IN MY BUSINESS?
- I WOULD LIKE TO START A SMALL BUSINESS OR FRANCHISE I COULD INVEST IN OR SOMETHING I COULD MAKE GOOD MONEY OFF?
- WHAT PROFITABLE BUSINESS CAN I INVEST 1MILLION NAIRA ON IN NIGERIA WITH THE ECONOMIC SITUATION AT HAND?
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- I AM LOOKING FOR AN ANGLE INVESTOR WHO IS READY TO INVEST IN MY BUSINESS?
- CAN I WITHDRAW MONEY FROM MY RETIREMENT ACCOUNT TO INVEST IN MY NEW BUSINESS AND AVOID THE 10% PENALTY?
- WHY WONT THE IRS LET ME INVEST IN MY BUSINESS?
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- HOW CAN I FIND SOMEONE TO INVEST IN MY BUSINESS?
- WHATS A GOOD BUSINESS TO INVEST 1 MILLION DOLLARS INTO WITH ALL THE CONDITIONS THE COUNTRY IS GOING THROUGH?
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{ 3 comments… read them below or add one }
Didn’t they cover this in class?
If you are a director of the company go to the bank and inquire.
Okay, here they go in seriatim
1. Four services (among others) : receiving deposits from public, giving loans, carrying out Government Business (only by banks approved to carry out this), conducting Foreign Exchange transactions (also the authorized dealers only). The list is long
2. Memorandum of Association and Articles of Association, Certificate of Commencement of business, Certificate of Incorporation, Resolution of the Board of Directors to carry out business
3. Capacity, Character, honesty and Integrity, credit worthiness