Beware of government help from bank

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June 11

Help in Spain for business who have suffered in the crisis! Great news! The banks will give you a loan to help cover your losses. Bad news there will be interest to pay on this help, all Spanish banks will charge a commission on this loan, you need to sign for the loan at the notary at another charge. To sum up if you are a company that has been closed down by the government due to the crisis you now need to work twice as hard to pay for the government “help”. God bless the government, banks and notaries.

Mike Wallace

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