Small businesses are normally privately owned corporations, partnerships, or sole proprietorships. What businesses are defined as "small" in terms of government support and tax policy varies depending on the country and industry.
If the Bank delays the borrowed funds or provides incomplete, then the borrower may require the Bank to comply with the terms of the contract, or to apply to the court to terminate the contract. In addition, the real estate that will serve as collateral, should not be prescribed to minors. You can, for example, can I refinancing your loan. Thus, both the lender and the prospective buyer of country property can be fully confident in the cleanliness of the documents on the lot under construction. It should be noted the fact that the number of Bank and non-Bank financial institutions ready to provide its clients with cash now number in the thousands and all such organizations, according to advertising slogans and avenues, only exclusive, profitable and reliable credit conditions.
And it's perfectly legal, but completely unfair. In any case, until he attains the age of majority. Of course, it all seems quite logical – they don't have enough money, so they try to get loans. Financial institution, in turn, may be a kind of indicator of the reliability of the developer, because of serious financial institutions are ready to cooperate only with honest, reputable and successful construction companies. As practice shows, in anticipation of the holiday euphoria people try to do everything faster than usual, which is why few of us can detect in interest-free loans huge fees or existence insurance policies.