How can I qualify for a loan?
Cynthia asks FSB how she can successfully procure a loan from a bank. How did you get the capital you needed? Help Cynthia by sharing here.
From Mark, Kitchener, Ontario Another alternative to seeing a Banker or representative as such, is to seek out professional aid in the form of Consolidating ones Capital resourses.
This information can be vital to your understanding how money can work for you.
http://debt-consolidation-site.blogspot.com
From Marshall Lebovits Redondo Beach, CA Any lender wants to know one thing – how will you repay the loan.
The five c's of credit are important. But at the end of the day, you need to be able to answer three questions.
1) What is the cash flow from the business? 2) What are the assets in the business that can be used for collateral? 3) What is the personal credit strength of the owners and what assets can they offer as further collateral for the loan?
Answer these three successfully and your odds of obtaining bank financing improve. If cash flow is weak, then an asset based financing solution from a non-bank lender may be a viable option to consider.
Marshall Lebovits
http://www.Funding911.com
I need some support on start-up also mainly some good advice and resources to help me contact some investors with my ideals to help my community and the world.