DarthVader
2012-07-22 22:29:16
- #1
Hello Mihael
700 € is really not that much. However, 100,000 € in equity capital is quite substantial. How do you know that the project will cost you 270,000 €? Just an estimate? I would not only take out a loan with a short term because in the worst case scenario, after the fixed interest period ends, there could be a significantly higher interest rate. That could then break your neck in the financing.
700 € is really not that much. However, 100,000 € in equity capital is quite substantial. How do you know that the project will cost you 270,000 €? Just an estimate? I would not only take out a loan with a short term because in the worst case scenario, after the fixed interest period ends, there could be a significantly higher interest rate. That could then break your neck in the financing.