Would the bank approve it?

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JMISBEST
Lesser Spotted Mongoose
Posts: 687
Joined: Sat Jun 11, 2016 6:25 am

Would the bank approve it?

Postby JMISBEST » Tue Mar 05, 2019 11:12 pm

For A campaign I've took over from A ill friend do you think A Bank would approve A Cr 539,391,200 loan for The Pcs custom build 2nd ship when The Pcs can afford A Cr 60,591,050 down-payment, their fully paid off 1st ship worth Cr 158,244,700 as collateral and a minimum payment of Cr 9,393,895 per year
phavoc
Cosmic Mongoose
Posts: 4768
Joined: Tue Nov 04, 2008 6:13 pm

Re: Would the bank approve it?

Postby phavoc » Wed Mar 06, 2019 2:44 pm

What is the history of the PCs making the request? If this is a warship probably not. And what is their business plan?

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