Need A Financial Product › Forums › Loans › How to finance a machine for my personal clinic › How-to-finance-a-machine-for-my-personal-clinic_REPLY
November 16, 2014 at 4:12 pm
#48451
samkapoor77
Keymaster
Whatever interest you have to pay to the bank can be shown as expense in your profit and loss account which will give you taxation benefit. This benefit will not be there if you borrow a loan fro the machine. For that reason, taking it from overdraft account will be more beneficial.