Community

loan for purchases of materials

HR
2025-06-29

Question

Can I take out a loan for the purchases of materials? What kind of loan and how do I enter it?

If you find a bank (or other financier) that considers you creditworthy and is willing to grant you a loan for this purpose, then yes, you can. The type of loan does not matter. How you submit it depends on the terms of the loan (shorter than 1 year or longer than 1 year).

Johan

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