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Getting to "Yes" with a Bank Lending Officer
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A 5 page paper discussing the items and assurances that a banker will want to see from a small business seeking a loan. Such a loan will not be made for a startup business, but for one that has a demonstrated track record. Small businesses often cannot keep pace with their own growth. This is where a solid relationship with a bank or similar lender is advantageous for the business. Even though such a relationship may exist, the business still will need to demonstrate an ability to repay the loan as well as the ability to remain in business. The banker will want to see an accounting of how the funds will be used and what the anticipated return is. Collateral may or may not be useful, depending on the type of business and how useful the collateral could be to the bank in the case of default. Bibliography lists 5 sources.
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Pages:
5
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Filename:CC6_KSbankLendSm.rtf |
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Paper Title:
Getting to "Yes" with a Bank Lending Officer
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