do banks give loans to huf and its members separately, do they consider their individual capacity businesses?

Question

i have got 2 incomes from two different sources. One is income of Rs 2.5/- lakhs from a business of my individual capacity. Another is an income of Rs one lakh from huf. I am the karta of this huf. This income of Rs one lakh is my share from this huf.both of these incomes are tax paid incomes i.e. net incomes.i have filed these two income tax returns separately.the total net income of this huf is rs.2 lacs. can i go to the banks with these two different itr's and ask for two different loans. one loan on behalf of my individual itr and one loan on behalf of my huf itr?while lending will banks consider total income of the huf and lend to the huf only or will they consider my income share from huf and lend to me as karta accordingly?

Answer 1

you need to talk to a loan officer at the bank.
You have to be very careful with money.

Answer 2

No such element as a provide for that style of company. factors are for non salary and reducing area technologies analyze etc. no longer worth each and every of the worry for an SBA mortgage. For the small quantity of money you opt for attempt a community monetary company, or pass on line to come across a commercial employ company who will finance the truck and kit. As for initiate expenditures, until eventually you could qualify for a small operating line of credit, i'm afraid those will be out of pocket. you ought to commence saving now. in spite of what you could examine on the internet there is no loose LUNCH FOR SMALL company.