Recently, I was asked by Jordan of Pennsylvania: I am preparing to pitch for a bank loan for my business. What sorts of materials and documentation should I prepare before I meet with the loan officer? What questions should I be prepared to answer? Below are answers from some members the Young Ent
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Johnravis1 voted on the following stories on BizSugar
11 Ways To Prepare Your Loan Pitch
Posted by steeldawn under FinanceFrom http://www.openforum.com 4976 days ago
As quotes continue to drop much more residences will fall underwater generating much more Short Sale opportunities. This additionally features a main impact on strategic defaults in which a homeowner that still has the capability to pay their property finance loan walks apart believing which they co...
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How to Get Small Business Loans
Posted by HBCinc under Raising CapitalFrom http://www.thenewbusinessidea.com 4998 days ago
The first step to getting a small business loan is to prepare your credit report. If your company is a start-up, you will need to depend on your personal credit history rather than your business credit. Banks and other lenders want to lend funds to reliable borrowers that they can trust, because th
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2 Tales of Business Borrowing in the Recovery
Posted by stillwagon428 under FinanceFrom http://www.openforum.com 5021 days ago
A common refrain about business borrowing during the economic recovery is that large companies have returned to credit markets while small businesses have remained on the sidelines. While this story is frequently told with anecdotes, recently released data from the Federal Reserve Board provides a
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Bank Reach out to Small Business
Posted by NetworkSolutions under Raising CapitalFrom http://www.networksolutions.com 5024 days ago
I blogged recently on GrowSmartBusiness about new loan programs from the Small Business Administration (SBA). But when it comes to financing, the federal government isn’t the only one reaching out to entrepreneurs these days.
With the worst of the Great Recession behind them, banks are feeling m Read More
With the worst of the Great Recession behind them, banks are feeling m Read More
9 Real Estate Clauses to Watch Out For
Posted by sannwood under FinanceFrom http://www.openforum.com 5045 days ago
A real estate clause for a property I was investigating gave me sticker shock. I could easily calculate and understand the present value of a stream of loan payments for purchased space, and its comparison to monthly rental amounts on leased space. What surprised me was that the add-on charges alon
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The Silver Bullet of Cash Flow
Posted by steeldawn under FinanceFrom http://www.openforum.com 5048 days ago
Getting funding can be tough, whether you're pursuing investors, a bank loan, or bootstrapping via family and friends. But there is a silver bullet that will lead you to the cash you need to fund your business — paying customers.
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