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Tax Engineering

Bank loan for business


Question

Hello I have a small business in Spain, but I also have many debts and I tried to apply for loans in different banks but always with the same answer, NO. Then I decided to do another type of business and I wanted to know how to hire offshore services and use them to develop my business. Please send me information to this e-mail. Thank you very much

Answer

The denial of loans requested by businesses is quite an every day situation, whether it is requested in a country of high taxes or low taxes. It is in the hands of the bank to determine if you are a person or a business eligible to receive a loan. The bank takes carefully their clients through analyzing their information and then the risk department decides whether the loan is given or denied.



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