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Can a project loan be applied for for a factory that has been capped?

Yes. Factory buildings that have been capped can apply for project loans. Loans refer to a form of loan in which the borrower uses his fixed assets such as land and houses as collateral to obtain a loan from the bank. The collateral can be houses, land, factories, equipment, etc. Any asset that can be used as collateral can be applied for a fixed loan. Existing factories can also be used as collateral to apply for fixed loans.