Do you do start business loans. I have no collateral and I do not have money invested. Its just me and the idea for the store.?

1 Answer

Answer :

No you can only get a business loan with something down.

Related questions

Description : Avinash, Bala and Chandran invested Rs.45,000/-, Rs. 70, 000/- and Rs. 90,000/- respectively to start a business. At the end of two years, they earned a profit of Rs.1,64,000/-. What will be Bala’s share in the profit? a) Rs.56, 000/- b) Rs.46, 000/- c) Rs. 50, 000/- d) Rs.75, 000/- e) None of these

Last Answer : Profit sharing ratio of Avinash,Bala & Chandran = 45000 : 70000 : 90,000 = 45 : 70 : 90 = 9 : 14 : 18 Bala's share of profit after two year =Rs.164000 × 14 × 41 = Rs. 4000 ×14 = Rs. 56000 Answer: a)

Description : Collateral Security in Business means 1. Additional or Supporting security 2. No security 3. Security in the form of Gold 4. Security for top executives 5. None of these

Last Answer : Additional or Supporting security

Description : I have a good amount of money invested into my 401k as a 26 year old. I'm thinking about just cashing it out and taking the loss of half the money i invested. Which kills me to think about this. But I'm afread ... it out? Or wait? I'm thinking I could loss more if I just left it in... Am I right?

Last Answer : Don't do it. A 401K is an investment that is meant to grow over time. Sometimes you lose sometimes you gain, but short of an economic disaster you will gain if you leave it alone. The tax you will ... pay on the money you withdraw will be yet another loss on top of the future gains you will losing.

Description : ____________ is the amount invested by the owner of a business. (a) Cash (b) Money (c) Asset (d) Capital

Last Answer : ____________ is the amount invested by the owner of a business. (a) Cash (b) Money (c) Asset (d) Capital

Description : What is meant by 'Capital Gain'? (1) Part of profits added to the capital (2) Appreciation in the money value of assets (3) Additions to the capital invested in a business (4) None of these

Last Answer : (2) Appreciation in the money value of assets Explanation: A capital gain is a profit that results from a disposition of a capital asset, such as stock, bond or real estate, where the ... a capital gain represents an appreciation in value accruing over a prescribed period of time on the asset.

Description : What is meant by ‘Capital Gain’ ? (1) Part of profits added to the capital (2) Appreciation in the money value of assets (3) Additions to the capital invested in a business (4) None of these

Last Answer : Appreciation in the money value of assets

Description : Three friends A, B and C started a business by investing a sum of money in the ratio of 5 : 7 : 6. After 6 months C withdraws half of his capital. If the sum invested by A' is Rs 40,000, out of a total annual ... share will be a) Rs 9,000 b) Rs 12,000 c) Rs 11,000 d) Rs 10,000 e) None of these

Last Answer : Answer: A Sum invested by A , B and C is 5 * 12:7 * 12:6 * 6 + 3 * 6 or 60 : 84 : 54 or 10 : 14 : 9 :: Share of C = ( 9 / 33 ) * 33000 = Rs. 9000

Description : So I have an idea to start a program for students in debt with student loans, how can I start this?

Last Answer : first of all, paragraphs are your friend. it sounds like you want to set up a non-profit agency. You need to file with your state to begin. You must have a plan in place before you file. For ... as a non-profit agency so they can report it as a donation. http://www.usa.gov/Business/Nonprofit.shtml

Description : What do countries use as collateral when borrowing money?

Last Answer : Our credit rating and our reputation is really the collateral. The US borrows money by issuing debt. This means the Government sells Treasury securites like T-bills, notes, bonds et al to other agencies ... interest on these debts and must pay the value when the security is cashed in by the buyer.

Description : Repo Market means (a) A money market instrument which helps in collateral short term borrowing and lending through sale and purchase operation in debt instrument (b) A money market ... instrument which helps in collateral short term borrowing through sale and purchase operation in debt instrument

Last Answer : (a) A money market instrument which helps in collateral short term borrowing and lending through sale and purchase operation in debt instrument 

Description : So I’ve been rocking the Adobe suite on work macs for a while, and am running Ubuntu on all my computers at home so I want to get invested/familiarized with GIMP. What’s the best place to start?

Last Answer : http://www.gimp.org/tutorials/ Alternatively, you can try GIMPshop, which is a derivative of GIMP with GUI modifications to make it behave more like Photoshop.

Description : We own deeded timeshare property in Florida and South Carolina with Wyndham. We can no longer afford to pay the monthly payments. What options do we have so we do not lose any more of the money already invested into the property?

Last Answer : you might want to sell it as fast as possible

Description : Is it possible to open a diner with no collateral?

Last Answer : Only banks who offer business loans can answer this or try getting a small business loan through the government. I do not believe they require collateral.

Description : A loan which is secured by collateral and for which borrower is not personally liable is called __________ A. Secured loan B. Syndicated loan C. Non-Recourse loan D. No Documentation loan

Last Answer : C. Non-Recourse loan Explanation: A non-recourse debt is a type of loan that is secured by collateral, which is usually property. If the borrower defaults, the issuer can seize the collateral ... any further compensation, even if the collateral does not cover the full value of the defaulted amount.

Description : A and B entered into a partnership investing Rs. 16000 and Rs. 12000 respectively. After 3 months, A withdrew Rs. 5000 while B invested Rs. 5000 more. After 3 more months C joins the business with a capital of Rs. 21000 ... of Rs. 26400 after one year by A.Rs. 2400 B.Rs. 3600 C.Rs. 3000 D.Rs. 4800 

Last Answer : Answer: B (Rs. 3600) Explanation: A:B: C = 16000 x3 + 11000×9:12000 x 3 + 17000 x 9:21000 x 6 = 147:189:126 = 7:9:6 Difference of B and C’s shares = Rs. [26400 x (9/22) — 26400 x (6/22)) = Rs. 3600.

Description : In a business P and R invested amounts in the ratio 2 : 1, whereas the ratio between amounts invested by P and Q was 3 : 2 . If Rs. 2,236 was their profit, how much amount did Q  receive ? A.Rs.650 B.Rs.688 c.Rs.588 D.Rs.490

Last Answer : Answer- B(Rs.688 ) Solution : P : Q = 3 : 2 , P : R = 2 : 1 [given] Q : P = 2 : 3 [reverse], Q : P = 4 : 6 [multiply by 2] Now, P : R = 2 : 1 P : R = 6 : 3 [multiply by 3] P : Q =6 : 4 [after x3] , So Q : P : R = 4 : 6 : 3 or, P : Q : R = 6 : 4 : 3 Q’s share= 4/13 x 2236=Rs.688

Description : P started a business in 1990 by investing Rs.25,000. She invested Rs. 10,000 as additional amount in 1991 and her friend Q joined her with an amount of Rs.35,000. P invested another Rs. 10,000 in 1992 and R joined them ... ,000. Find Q's share? a) Rs.50,000 b) Rs.65,000 c) Rs.75,000 d) Rs.15,000

Last Answer : Answer: A) P invested Rs.25,000 for 12 months, Rs.(25000 + 10000) for 12 months, , Rs.(25000 + 10000 + 10000) for 12 months. i.e., P invested Rs.25,000 for 12 months, Rs.35000 for 12 months Rs.45000 for 12 months. Q ... Q's share = Rs.(1,50,000 x 2 /(3+2+1)) = Rs.(1,50,000 x 2/6) = Rs.50,000

Description : Two friends M & N started a business Investing in the ratio of 6 :7 . O joined then after 6 months investing an amount equal to that of N. at the end of the year 30% profit was equal to 105000. What was the amount invested by O? A) 148484 B) 154326 C) 146738 D) 145783

Last Answer : Answer: A) Let the total profit be x Then 30% of x = 105000 X = 105000 * 100/30 X=350000 Let the capitals of M,N,O be Rs. 6x ,7x and 7x respectively. Then, (6x*12) + (7x *12) +(7x *6) = 350000*12 72x +84x +42x = 4200000 198x = 4200000 X=21212 O’s investment = Rs.148484

Description : X, Y, Z started a business by a share of 8:6:9. The time for which they invested was 6:7:8. The difference in the profit of X and Z is what % of difference in the profit of Zand Y? A) 65  B) 80 C) 55 D) 75

Last Answer : Answer: B)  Ratio of investment =8:6:9  Ratio of time =6:7:8  Ratio of X,Y,Z=48:42:72  =8:7:12  (X-Z)/(Z-Y) = 4/5 *100 =80%

Description : Murugan, Anwar, Joseph started a business by a share of 7:8:9. The time for which they invested was 4:2:3. The difference in the profit of Murugan and Joseph is what % of Anwar? A) 7.5 B) 8.2 C) 6.4 D) 6.25

Last Answer : Answer: D)  Ratio of investment =7:8:9  Ratio of time=4:2:3  Ratio of profit =28:16:27 = (Joseph - Murugan)/ Anwar =(28-27)/16*100  =6.25%

Description : Jaya and sona invested amount of Rs 10000 and Rs 5000 respectively in their business. What percentage of the share of the profit that should be given to Jaya such that ratio of income is equal for both at the end of year? A) 5 B) 7 C) 4 D) 6

Last Answer : Answer: C)  Ratio of invest of jaya & sona =10000:5000 =2:1  Income of both at end of year is equal, then  Income is divided into 50 parts. Income be 100%, then 1st part =25 ,2 nd part=25, Percentage=100/25=4%

Description : Two persons Ashok and Amit enter into a business. Ashok invests Rs 12500 in the first time and after 6months withdraws Rs 7000. Amit withdraws Rs 3000 after 8 months. Both have equal profit at the end of the year. What is the amount invested by Amit initially? A) 15000 B) 20000 C) 10000 D) 16000

Last Answer : Answer: C)  Ashok’s investment =12500*6+5500*6=108000  Amit’s investment=x*8+(x-3000)*4  108000=8x+4x-12000=>X=Rs 10000  Amount invest by Amit is Rs 10,000

Description : L, M and N started a business in which L invested Rs.15000/- for 2year, M invested Rs 25000/- for 3 years, N invested Rs.35000/- for 4 years. At the end of the profit received by them is Rs.9800/-. What is N’s share?. A) 5600 B) 5000 C) 5500 D) 4500 

Last Answer : Answer: A) L = Rs.15000/- per 2 years M= Rs.25000/- per 3 years N = Rs.35000/- per 4 years = 15000 2 : 25000 3 : 35000 4 =30000:75000:140000=30:75:140 =6:15:28 Total = 49 parts -----> Rs. ... )  = 1 part ------> Rs.200/- Then, N's share is = 28 parts = Rs.200 28 parts  = Rs.5600

Description : Meenu invested Rs.38000 in a business. After few months, ruba joined her with Rs.28500. At the end of the year, the total profit was divided between them in the ratio 2:1. After how many months did ruba joined? A) 2 months B) 3 months C) 4 months D) 5 months

Last Answer : Answer: C) Suppose Ruba joined after x months Then Ruba’s money was invested for (12-x) months. 38000 *12/28500*(12-x) = 2/1 456000 = 684000 – 57000x X = 4 Hence Ruba joined after 4 months.

Description : M and N invested in a work which M invest Rs 3015 more than N. N invested for 7 months while M invested for 5 months. If M gets Rs 425 more than N, out of a total profit of Rs 3400. Then the amount invested in the business by M approximately is, A) 6784 B) 6258 C) 7524 D) 7275

Last Answer : Answer: A)  Let investment of N be x  Profit of N be y  Investment of M is x+3015  Profit ratio of M&N is,  M:N =[x+3015]*5:x*7-------->(1)  Profit of M =425 +profit of N  Total profit =3400 =425 ... ---->(2)  153/119=(x+3015)*5/x*7  X=Rs.3769  M's investment =x+3015  =3769+3015  =Rs6784

Description : Mahesh and Devi invested Rs.20979 and Rs. 22977 respectively in a business. Devi being an active partner will get Rs.750 every month extra for running the business. In 18 months if Devi received a total amount ... profit earned by both in one and half years is, A) 26888. B) 22500. C) 22587 D) 25874

Last Answer : Answer: C) Profit ratio of Mahesh: Devi =20979 :22977=:21:23 Devi is an active partner will get Rs,750/month For 18 months ,she receives Rs.13500 Balance amount of Devi =18250 -13500 =Rs 4750 ... =4750/23 *21 =Rs.4337 Total profit earned by both in one &half years =18250+4337 =Rs 22587

Description : Two persons P and Q invested in a business with 21 lakh and 28 lakh rupees. They agree that 30% of the profit should be in tha ratio 2:3 for P and Q and rest is divided between them according to their investment ... got Rs.1200 more than P, then then total profit Q is A) 4350 B) 4567 C) 4467 D) None

Last Answer : Answer: A)  Ratio of profit of P&Q is,  P:Q=21:28 => 3:4  Let total profit gained be X  Since ,30% of profit should be divided in ratio 2:3 for P&Q, Remaining share is =70% of x  P's share =70/100 *x* ...  =1200  X =Rs 7500  Q's total profit =70/100 *7500 *4/7 + 30/100 *7500*3/5  =Rs 4350

Description : M and N invested in a business in which M invests Rs.385 more than N. N invested for 9months while M invested for 5months. If M get Rs.65 more than N out of profit of Rs.1350. Then then total amount invested in the business approximately is, A) 1452 B) 7413 C) 6298 D) 5778

Last Answer : Answer: B)  Let investment of M is X + 385  Let investment of N is X  Profit earned of M&N is,  M/N=(X+385)*5 /x *9-------> (1)  Profit of M =65 +profit of N  Total profit = 1350=65 + ... =(x + 385) *5/(x*9)  X =392.01  Total investment =(392+385)*5+(392*9)  =Rs.7413

Description : Anu and Banu invested rupees Rs.26000 and Rs.22000 respectively. Anu being an active partner will get Rs.350 every month extra for running the business. In two years if Anu receives a total of Rs. 18000, then what is profit earned by Banu in two years. A) 2200 B) 3300 C) 4400 D) None

Last Answer : Answer: C)  Profit ratio at Anu &Banu is ,  Anu: Banu=26000 :22000.  Anu :Banu =13:11  Anu being an active e partner will get Rs 350 / every month. 2 years receive = Rs. 8400 Balance amount of Anu =18000 -8400 = 9600 Profit gained Banu in 2 years =9600/24 *11 = Rs.4400

Description : P, Q, R invested in the ratio of 15:16:17. After the end of the business teram they receives the profit in the ratio 9:10:11. Find the ratio of time in which they invested in the business. A) 934:1699:1578 B)1224:1275:1320 C)1578:1668:8096. D) None

Last Answer : Answer: B)  P, Q, R invest the amount in the ratio 15:16:17  T1, T2, T3 are time for investment profit gained =investment × time  Profit ratio= 9: 10: 11=15 × T1 :16 × T2 : 17 × T3  T1:T2:T3 =1224:1275:1320

Description : Two people abi and krish invested in a business with 7 lakh and 8 lakh rupees respectively. They agree that 46% of the profit should be divided equally among them and rest is divided between them according to their ... more than abi, Then the total profit is, A) 55000 B) 56000. C) 58333 D) None

Last Answer : Answer: C)  Ratio of profit abi and krish is,  =>7:8  46% of then profit should be divided equally among them, remaining share is 54% of x  Abi share =54/100 * x * 7/15  Krish share =54/100 * x* 8/15  54/100 * x * 8/15 - 54/100 * x* 7/15 =2100  X =58333

Description : 3 people A, B, C invested in a business in the ratio of 5:6:9. After 3months B withdraw half of her capital. If the Sum invested by A is 32000, then what is the profit earned by B at the end of the year out of the total profit of Rs. 48250? A) 17965.33 B) 70767.50 C) 46189.25 D) 10193.66

Last Answer : Answer: D) Let A, B, C put amounts be 5x,6x,9x respectively Then A's investment is 5x=32000=> x=Rs.6400 Then, B, C puts amount is Rs.38400 & 57600 =32000*12 : 38400 *3 +19200 * 9:57600*12 =>384000:288000:691200 =20:15:36 B’s profit is 48250* 15/71 =Rs. 10193.66

Description : I just got 1/2 million dollars from a close relative. What should I do with the $? Should I invested in a company of should buy a house?

Last Answer : some people say that a house is the best investment a person can make. personally, i would keep living as i am, and use some of the money for traveling. i would give 7–10% to charity, and use the rest to support m parents. so 10% charity, 30% parents, 40% house and 20% me would be my breakdown.

Description : Is there a relatively safe way to have a 10% return on invested money in this economy?

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Description : Naresh invested a certain amount of money in Rs. 100 shares at a discount of Rs. 20 paying a dividend of 7%, while Sahil invested an equal amount in R

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Description : If 7558.20 in interest was earned after 12350 was invested at a simple interest rate of 7.65. How long (in years) was the money invested?

Last Answer : It was eight years.

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Last Answer : All the time. Hezbollah does it as a matter of policy.

Description : Do you have any thoughts on the concept of collateral damage?

Last Answer : Can I have the source where you got this information?

Description : Explain the terms 'collateral' and 'terms of credit'. -SST 10th

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Description : Why does the formal or informal sector ask for a collateral? -SST 10th

Last Answer : . Every loan agreement specifies an interest rate which the borrower must pay to the lender along with the repayment of the principal. . In addition, lenders may demand a collateral or an asset ... and the mode of repayment are the terms of credit required for formal or informal sectors for loans.

Description : What is collateral ? -SST 10th

Last Answer : Collateral is an asset which is a property of a borrower of loan such as - land, building, livestock, deposits with bank etc. The borrower uses this 'asset' as a guarantee to the lender (the one who gives money) until the loan is repaid by the borrower.

Description : What is collateral ? Why do lenders ask for collateral while lending ? Explain. -SST 10th

Last Answer : Collateral is an asset owned by the borrower like land, building etc, and is used as a guarantee to the lender till the loan is repaid. Lenders ask for collateral because: 1. It serves as a ... . 2. In case of failure of repayment of the loan, the lender can take the collateral as compensation.

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Last Answer : Collateral is a guarantee to the bank so that if the borrower fails to repay the loan, the bank can sell the collateral and obtain the amount.

Description : What do you mean by the term 'collateral' ? -SST 10th

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Last Answer : Lenders ask for collateral as security against loans. If the borrower fails to repay the loan, the lender has the right to sell the asset-or collateral to recover the payment. Collateral assets ... defaults on repayment of loan. It is for this reason that lenders ask for collateral while lending.

Description : Difference between collateral and bicollateral vascular bundle. -Biology

Last Answer : answer:

Description : Which bank lends without collateral ?

Last Answer : Grameen Bank gives loan without collateral

Description : Why do lenders ask for collateral while lending?

Last Answer : Feel Free to Answer