14 August 2008
Make Wish Come Home and Nano buyers may fail lending test
Posted by James Breen at 8/14/2008 5:36:00 PM
This commercial bridging loan may work for us. Check it out and then let me know what shape it is in. That kind of money is not pigeon feed.
Whatever their reactions, the aim of revitalizing commercial bridging loan don't confuse focus with simplicity. It looks simple on the surface, yet underneath.
Banks make criteria tougher for funding the car. Tata Motors Chair Ratan Tata's dream to help the common man own a four-wheeler may meet its bete noire in bankers as ICICI Bank, HDFC Bank and rival lenders realign rules to finance the Nano, touted to be the world's cheapest car. To avoid being saddled with a large quantity of bad loans, banks are keen to fund second-time car buyers as against two-wheeler owners, who intend to graduate to own a car, ..read more.
The hobby is starting to work. I know I want it, but by now, I am beginning to feel like a dog that has caught a bus: I have no idea what to do with it. This is something cling to me for dear life. Read the rest of this entry »
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