Date: 2008-07-01 21:17:47

Query : Being in the rent a car business, there is always acute shortage of working capital and balance sheet also shows a net loss due to depreciation and hence banks tend to refuse personal loans.Pls advise to get over this acute cash crunch in working capital.
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Date: 2008-07-02 14:46:21

Message:

You should try and apply for secured loans like against your cars or if you have car loans running opt for top-ups.

Please revert with any clarifications on the above answer.

Regards,

Amitoj Sethi

www.deal4loans.com
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City : Navi Mumbai
Employment Status : Self Employed
Annual Income : 360000
Type of Loan Running : Yes
Loan Running : cl,
EMI Amount : 125000
Tenure : 36
ROI Loan : Yes
EMI Paid : 6 to 9 months
Credit Card Holder : Yes
Amount Due : 0
Loan Running on Credit Card : No
Residential Status : owned
Vehicle Owned : 4 Wheeler