Submit a sales proposal for this business client. Ensure that these clearly show the course of action you are proposing, link products offered to clients' objectives and provide supporting information to help client make up their minds

Brietly describe the nature of your clien't Dusiness. Include the following information in your ansiver: Nature of the business MJN mechanics (Pty) Ltd Company profile. The Was registered in 2017 Age: 5 years Turnover: The turnover of the company for 202z year is R 560 465. It was RH52 203 in the 2021 tax year. Risk grade and rating fram the ponk's prespective: With earnings and the financial position the risk rating is low. The company reflects profits. The osset are also higher than the Miabilities. The liquidity ratio is 4.37:1 with regards to the 2022 financial figures. The company will be able to afford the company is liquid and solvent. Demggrophics of staff(and customers). The staff consists marily of the director. The director receives a salary in the form of director's remuneration. The amaint he Teceives. manthly is Rio000 before incomes tax and UIf deductians He is 29 Years old The customers of the company is between the ages 2560. Approximately 70% of custaness ore male. 90% of custamers come frem the town in which the company is situated and the town in whieh the other 10\% came from variais places nationally. Management profile: The management profile of the campany consists of the skills needed to manage the campany. The monager, which is the director has the following skills: - Assessing motor vehicles for repairs - Installing different parts into vehicles - Assisting customers with vehicle services - Financial backgraind to understand the day to day running of the business Size. The company is a meduim sized enterprise when you look at the tarnover of the company. Wwnership: The company is a proprietary limited. It is a private company and the directors hold 10%% shores in the company. There are no other shoreholders decaticn: The business is situated in 147 Oraniaville Klerksclorp, Saith Africa Fingncialstability: The business is finacially stable as they will be able to settle the liabilities in future and the business also generates a profit. Value of the relationship to the benk: The business is an asset to the bank and is valued at the bank when we look at the bank's grading system which shaild be followed by all banks, but by looking at the financial particulars of the company, the bank will value the company as their client. hegality of the organisations The company is registered with CIRC (Componies and Intellectual property commision) in the correct manner and since the campony provides services regarding moter venicles, the company 155 also registered with RMA (Rand Mutual Assurance). The company is therefore correctly registered in the area in which it is situated and for the services thot is renders 2.2 Submit your "dient contact report". This report must you went about estab lishing yaul clients neecls Make sure it includes at least the following information if you don't have such a report you will heed to make one yo. Banker Report Date: 4 April 2023 Client/Company name: MJN Mechanics (Pty) Ltd. Contact Persans Danie van Zy! Managing director Financiat nanager Accant Holders Nome: Danie van Zyl Department: manager Area Client nanager SBS manager/PRBJ Relationship nanager. Objectives: To grow and scole the business Meeting attended bys Danie van Zyl MJN mechanics is responsible for inspecting and repairing vehicles, machinery, and light trucks. They are service technicians, they oversee maintenance inspepection, manitor inventory, assemble mechanical components and perform repairs. Client hants to borrow money on business to buy mare equipment to make business bigger and to help more clients, because there is a lot of demand. Client needs R100000 over y Year The bank con offer you ( the client) a business overdraft 7345 The facility is linked to your business Accaint and provides the ability to make payments even when there are no cash fund avalible in youl account, thus avoiding penalty fee and additional charges. No minimum manthly payments os lang as you reman within te agree limit. Poyment into the overdraft facqlity make funds availible for use again. Flexibility, as you can deal with unexpected expenses and capitdise an any oppertunities. Monthly repayments are based on the amount of credit you used. Amant overdrawn R 100000.00 Number of days in a biling period. 30 days Rate and interest Orerdraft interest per day-Ra9 Loan Term Security available Owner building Or the bank can offer you (the client) a business loan. It is suited for business holders looking to raise copital to inject into a business for growth or expansion purposes Amaint Ioan Security availeble R.00 1000.00 Owner building Loanterms 12 manths Total interest prediction Interest Rate R7445.96 13.5% Monthlyloan Repayments \& 89729.00 R8953.83 Competitor and pricing information: Overdroft is best for the client, he can use only what he needs at a time. Client feedback: Client is happy with his overdraft and he understand all the terms and conditions follow Ue Required: Yes Due date Action Call Report