Jewelry Manufacturer: Pob SBA Sample – Sources of capital
Sources of capital
Three Million Dollars ($3,000,000.00) is needed as capital to invest in the business to purchase fixed assets such as land, machines, vehicles, equipment, raw materials, pay salary to staff members, with a little to invest for additional capital.
The banks and Credit Unions have been approached and an application for the loan submitted using my house title, savings and motor vehicle as collateral. This amount will be paid over a period of time.