where can i borrow £100,000 to purchase a resort in thailand?

Question

Property i have found has been reduced from £200,000 to £100,000 due to fear of last tsunami. The resort has 16 bungalows, 2 houses restaurant and swimming pool.

Answer 1

First of all, is your own local bank where yuo have an account. That should be your first valid option. Second, should be a local commercial bank in Thailand. Whichever, you have to have a number of things, ready with you.

1. Business plan, that is how are you going to run the business and what kind of expertese you personally have, or who are you going to hire to run the business for you.

2. You must have good record with your bank or any financial institution who sholud recommend you for a loan.

3. You must have collaterals, that is security for the repayment of the loan.

4. You must have license or permission to run such business.

5. If you are not a Thai citizen, you must secure work permit in Thailand or investers' license for opening a hotel business.

Once you have all these at hand, then go to your bank manager and have a word wih him/her for the loan.

Good luck.

All the best!/

Answer 2

aren't you afraid of tsunami, or is it only the currnt owner?....
if I were to offer you a fridge that I know one day will explode, would you buy it?.....

Answer 3

I'll give you 100 thousand pounds. no prob. whats your address?