Help My Business About To Fail Due To Loan - Business - Nairaland
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| Help My Business About To Fail Due To Loan by Print2244: 7:23am On Jun 23, 2022 |
Good day nairalanders, my name is EMMANUEL ONYEDIKACHI.pls Mods, I don't know if this is the right section. I have been a member of nairaland since 2013 but for anonymity I had to create a new account to post this. Am sorry if it's a long read. My business is at the verge of closing due to bad loan. I run a digital print press. In 2021 I took a loan to buy a large format machine that prints flex banners for 2million. After purchase, the printer went bad due to errors during installation by the installation technicians. They installed the print head wrongly I started spending money I saved trying get the machine fixed and also servicing the loan. After all said and done, I was able to buy a new print head from China. Now the thing is my loan is at default as I stopped paying due to lack of inflow caused by stopped operation, and the bank is threatening to confisticate my business. The loan is remaining 1million. Also, I can't start business because I don't have money for materials ( ink and flex banner tampoline), so I came here to solicit for help. Pls nairalanders help me so I can raise the remaining loan and get my business up and running, nothing is too small. Attached herein is the image of the machine. I can also send copies of the loan contract and the letter they sent to me lately to your email on request 20 8004 1748 Zenith Bank
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| Re: Help My Business About To Fail Due To Loan by meobizy(f): 9:17am On Jun 23, 2022 |
Somebody should show me the new rule which states Nairalanders should send members money because they asked. All these begging threads are an epidemic now. 1 Like |
| Re: Help My Business About To Fail Due To Loan by Print2244: 10:31am On Jun 24, 2022 |
Good day nairalanders, my name is EMMANUEL ONYEDIKACHI.pls Mods, I don't know if this is the right section. I have been a member of nairaland since 2013 but for anonymity I had to create a new account to post this. Am sorry if it's a long read. My business is at the verge of closing due to bad loan. I run a digital print press. In 2021 I took a loan to buy a large format machine that prints flex banners for 2million. After purchase, the printer went bad due to errors during installation by the installation technicians. They installed the print head wrongly I started spending money I saved trying get the machine fixed and also servicing the loan. After all said and done, I was able to buy a new print head from China. Now the thing is my loan is at default as I stopped paying due to lack of inflow caused by stopped operation, and the bank is threatening to confisticate my business. The loan is remaining 1million. Also, I can't start business because I don't have money for materials ( ink and flex banner tampoline), so I came here to solicit for help. Pls nairalanders help me so I can raise the remaining loan and get my business up and running, nothing is too small. Attached herein is the image of the machine. I can also send copies of the loan contract and the letter they sent to me lately to your email on request |
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