Imy salaryis £36000 a year and i own a house worth £300000. will i be ableto borrow £2million from a bank?
I wanna
open my own business which would cost £2million for eextremely
thing and if eextremely
thing goes to plan, i will be able to make that money back in
under a year. i was wondering if i could possibly use my house as security. it is
worth £300 thousand exactly. i earn
under £36 thousand a year in my current job and i have a masters degree in business and economics. i have never ran my own business before but i am
in a postion of man
agement in my current job.
would there be any way of borrowing £2 million from a bank taking all of these factors into the equation.
