On a business loan, do I have to justify to the bank how I use the money?
In general, at investment loansthe use of the money is based on the presentation of invoices and bills because we want to make sure that you use the credit for the purpose for which you took it. 🤓
However, if you don't want to justify where the money is going you can take a unnamed needs loan.
You do not need supporting documents for this, but cash withdrawals are allowed according to the legal regulations in force. 📜
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