Hello guys, Welcome to Africa's Largest Video Search Engine, and you are watching What Banks Really Look For When Approving Business Loans | Straight Talk with Lou Mosca. and this video is uploaded by American Management Services at 2019-05-15T10:54:38-07:00. We are just promoting this video only for entertainment and educational purpose only. I hop you like our Video Search Engine. [qxB5dJQ-YAQ]
| Name | What Banks Really Look For When Approving Business Loans | Straight Talk with Lou Mosca |
| Video Uploader | Video From American Management Services |
| Upload Date | This Video Uploaded At 15-05-2019 17:54:38 |
| Video Discription | While traveling, I came across this article in Business2Community written by a gentleman named Tucker Mathis. In it, Mathis explains the five reasons why owners get denied for small business loans, and what they can do to avoid rejection. His reasons are: 1. Not being in business long enough 2. Asking for too much, or too little 3. Having poor credit 4. The business’s cash flow is weak 5. Not having a solid plan Whether you’ve been in business for a while or are building your start-up, the five things listed above matter. It was a good read and I thoroughly enjoyed it, but I would argue there are six reasons owners get denied. You need to think about equity/collateral. Your bank, lender, or any other financial institution is going to want something in return to ensure their investment in you is safe – that something is collateral! If you need help building a solid plan to secure a business loan, feel free to schedule a call by calling (800) 743-0402. Straight Talk with Lou Mosca (May 15, 2019) Follow American Management Services on Twitter: https://www.twitter.com/AmServBiz Facebook: https://www.facebook.com/American-Management-Services-Inc-1650443205032844/ For more information, visit https://www.AmServ.com American Management Services, Inc is committed to providing unparalleled business management and turnaround solutions for small and medium-sized privately owned businesses. With over 30 years of experience, spanning virtually every industry type, we deliver Results, not Reports. [qxB5dJQ-YAQ] |
| Category | People & Blogs |
| Tags | small business loans | loans | bank loans | loan approval | small business | business2community | business loans | business loan | business loans for small company | how to get small business loans | obtain business loans | online apply for business loan | small business loan | business | banks that give small business loans | bank loans for business |
