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  • Faridul Alam Chowdhury

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    মোহাম্মদ তৌফিক
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    The applicant, Faridul Alam Chowdhury, is requesting a 150 crore loan over 15 years to purchase and develop an existing hotel in Cox's Bazar into a 4-star property. The existing hotel valuation is 358 crore and will be pledged as collateral. The applicant has a positive business history and no previous loan defaults. The intention is to buy and improve the currently running hotel located in Laboni Point, Main Beach, Cox's Bazar.

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    The applicant, Faridul Alam Chowdhury, is requesting a 150 crore loan over 15 years to purchase and develop an existing hotel in Cox's Bazar into a 4-star property. The existing hotel valuation is 358 crore and will be pledged as collateral. The applicant has a positive business history and no previous loan defaults. The intention is to buy and improve the currently running hotel located in Laboni Point, Main Beach, Cox's Bazar.

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    12 views1 page

    Faridul Alam Chowdhury

    Uploaded by

    মোহাম্মদ তৌফিক
    The applicant, Faridul Alam Chowdhury, is requesting a 150 crore loan over 15 years to purchase and develop an existing hotel in Cox's Bazar into a 4-star property. The existing hotel valuation is 358 crore and will be pledged as collateral. The applicant has a positive business history and no previous loan defaults. The intention is to buy and improve the currently running hotel located in Laboni Point, Main Beach, Cox's Bazar.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    HOTEL SEA WORLD PROJECT

    Applicant’s Name : FARIDUL ALAM CHOWDHURY

    BUSINESS STATUS : Running hotel business

    PROJECT AIM : Buy a running hotel & develop it a 4 star qualitative

    LOAN VOLUME : 150 crore (130cr+20cr)

    Mortgage : 358 crore present valuation

    EQUITY MONEY : 10 crore

    PREVIOUS LOAN : NO

    DEFAULTER : NO

    BANK INTEREST : 7.5%

    LOAN LENGTH : 15yrs of period with 6 months grace period

    REGISTRATION : Limited company

    BUSINESS LOCATION : Laboni point, Main Beach, Cox’s bazar

    POSITIVE POINTS:
     Hotel is already pledged to the applicant
     Applicant is certified by revenue board
     Former well-reputed ship breaking businessman

    LOAN REMARKS : Intention is good. Applicant wants to buy this running hotel &
    develop it a 4 star qualitative hotel.

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