Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What capital contribution is required of the branch manager?

April 26, 2017branch Capital contribution manager

0

Posted

What capital contribution is required of the branch manager?

1 Answer

0

Posted

None if you start your business out of your house. For Manager who wants to lease a space or office, a reserve of 2 months plus first and last month rent is required in order for Pacific Northwest Mortgage Corporation to pay your bills in first two month. After month 2 your revenue should be sufficient to cover the required overhead costs.