Borrow 1,000,000 SEK by May

[how_to_do_this]

0.64 UC score
170,000 car loan (the car is security)
20,000 credit (three credits max 210,000)
461,000 income 2020
0 Deficit

I need the money at end of April 2022. If all goes well, I'll repay in 3 years. Otherwise I'll not be happy about this decision and regret that for the next 10 years

How to do this? One blank loan now 500,000 and another one in April? 600,000 by 400,000? Any ideas? suggestions?

 

[clyro86]

Sorry to say but you are not going to succeed, for so many reasons I don't even now where to begin....
Why do you need one million SEK anyways?

 

[how_to_do_this]

Why do you need one million SEK anyways?

I'm going to quite my job, and start my own business (need some cash)

Sorry to say but you are not going to succeed, for so many reasons I don't even now where to begin....

hahaha, that's not promising. 2021 income is 516 if that helps. What do you think my chances for 500k?

 

[evilina]

Maybe you should aim for this kind of loan, but you need an EF, HB or AB first.

Företagslån | Låna upp till 5 miljoner kr

Företagslån på upp till 5 miljoner kronor med upp till 60 månaders löptid. Får du ett lägre pris hos någon annan matchar vi det.

froda.se

 

[Doodles]

I do not foresee any issues with getting a loan for 500k. or even probably 600k. But be sure to apply while you still have an employment, otherwise it will not work.
For the remainder of the amount, you would need to wait 6 months, keep up your payments and save money, then maybe you could be able to raise another 300K.

A warning though; if you are starting your own business, be sure to have a full viable business plan. Hence here you will see exactly what you need, when and how you will earn enough to repay and end up with a profitable business.
Otherwise you will be here again in this forum but under completely different circumstances.... Starting a AB with a viable business plan will minimize you risking personal bankruptcy if the business is not working out.
Please be aware of all the horrible bitcoin scams out there!
Good luck!

 

[how_to_do_this]

A warning though; if you are starting your own business, be sure to have a full viable business plan. Hence here you will see exactly what you need, when and how you will earn enough to repay and end up with a profitable business.

Plan, plan, and plan, put on a straight face, and hope for the best.

Please be aware of all the horrible bitcoin scams out there!

2014 I was at the university and living in student dorm (free electricity), mining machine (1,5 kWh) was for around 10,000 SEK. I didn't do it that time, and sure that's not my game now. I'm not that brave

Starting a AB

I'll way in all my options. Thanks for the advice