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 caar loan with sole prop business

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DS_Legacy
post Apr 4 2019, 04:05 PM

Photography is Love
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Joined: Jul 2015


QUOTE(smaerz @ Apr 4 2019, 02:28 PM)
well guys, yes we only have one client, but thats a full time job to do the work for that client. no one says a sole proprietorship must have more than one client.

that company is based in germany, so we can not just join them as an employee. easiest way is the way we have. and bank statements are 6 months as required.

we want to buy a perodua aruz, not a benz... but we could afford a benz, no problem. i understand that some companies are more difficult to track the cash flow and thats why they calculate with 10 %, but you also have to judge every case differently. we only get the money from one source, it is like a salary... not logical to me.

why we dont buy cash? maybe we dont have 80k in cash right now
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If you can afford a benz, you can pay cash straight away. I know you are frustrated but that's not how you can assume things.

Look for solutions instead. Try other banks instead? Public bank and maybank are usually less lenient. Ambank and cimb are more lenient, and you can try your luck there.





 

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