I can get a loan of 5000 of the car but the repayment is over 8300. As I said 5000 is enough for the bills but this is just for the basics, so there will be nearly nothing in the companys after paid everything.
10 000 loan is to secure that there will be money in companys account even paid everything, so there will not be a problem when waiting for the payments from the contractor.
Starting a company without significant capital to invest in it is just foolish.
If I had a business that I knew was going to succeed, I'd put 5000 Euro+ in initial capital to get the company off the ground and running.
If you are short of money as a company, it usually means (1) the business is going to fail or (2) you can't handle money well (either way, the business will still probably fail). The sad truth, pick another industry before it's too late...
1. Business has to wait to collect the payments for almost 2 months.
2. Business has just started.
3. This industry has paid my salary for almost 15years and it's still paying.