Recently, foreigners can apply for business loans.
I will give some tips for taking out business loans.
Even if the business has already started, applicants need to make a new business at the time and explain that the loan can be repaid based on the forecast.
If the first financial period has closed, accurate accounting books need to be made punctually. Good levels of sales are helpful for acquiring a loan.
But even if you have a small amount of red ink, you should not give up. Red ink is negative factor, but it isn’t fatal.
In particular, public utility charges and tax must be paid punctually. Banks often request the receipts of utility cost and tax certificates as evidence. They judge if you can refund punctually based on them.
We have some alliance banks for clients to which we provide an accounting service.