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How do you determine the things I could borrow

How do you determine the things I could borrow

How do you determine the things I could borrow

Whilst the quantity it is possible to borrow differs from company to company, let’s check a good example.

EXAMPLE

A hotelier running a leasehold procedure has been provided the opportunity to buy the freehold through the landlords for ВЈ500,000.

With a return of £400,000, the records show a profit that is net before income tax of £80,000. The reports reveal depreciation of £5,000, Director’s remuneration of £12,000 as well as a rent that is annual of (that will stop after the hotelier purchases the house).