Tuesday, October 4, 2011

HOW TO BE SUCCESSFUL IN GETTING A BUSINESS LOAN

The key to getting a business loan is being prepared and finding the right lender. Know your needs and be able to explain how you arrived at the amount you are requesting. A successful loan application package will adequately provide a financial history of the business. It will also include a narrative background on the company, the principals, and what the future holds. Personal financial statements and tax returns for the owners will be required. Most important are projections that include monthly cash flow projections listing the critical assumptions.

4 comments:

  1. Permit me to introduce you to LE-MERIDIAN FUNDING SERVICES. We are directly into pure loan and project(s) financing in terms of investment. We provide financing solutions to private/companies seeking access to funds in the capital markets i.e. oil and gas, real estate, renewable energy, Pharmaceuticals, Health Care, transportation, construction, hotels and etc. We can finance up to the amount of $900,000,000.000 (Nine Hundred Million Dollars) in any region of the world as long as our 1.9% ROI can be guaranteed on the projects.
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  2. I am very grateful to Elegant loan firm for helping me get a $ 600,000 loan with the helping of loan officer Russ Harry, and I will always be grateful. My life has changed, my money has been paid, I now own a business that I used to support my family. I am grateful to you, Mr. Russ, and God bless you. You can contact them for your financial assistance by e-mail: Elegantloanfirm@hotmail.com for your financial assistance.

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  3. Hello everyone, I'm Patricia Sherman in Oklahoma USA right now. I would like to share with you my experience of borrowing USD $185,000.00 to clear my bank draft and start a new business. It all started when I lost my house and I took my stuff because of the bank policy and I met some bills and some personal needs. So I became very desperate and started looking for funds in every way. Fortunately for me, a friend of mine, Linda told me about a credit company firm, I was intrigued by the fraud, but I was intrigued by my situation and had no choice but to get advice from my friend about this company. contacting them really doubted me because of my past experience with online lenders, did you know that little? '' Elegantloanfirm@hotmail.com This company has been very helpful to me and my colleague and today, thanks to this credit company, the proud owner of well-organized work and responsibilities, they smiled back at me. So if you really need to grow or start your own business, or if you really need to borrow money in any financial hardship, we recommend you find a financial development opportunity in your business today. {E-mail:} Elegantloanfirm@hotmail.com / whats-app number +393511617486.... online for credit not a victim of scam Thank you.

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  4. According to an international finance group, agriculture is a major source of livelihood throughout the world, especially for the majority of poor people living in rural areas in developing countries. A key challenge for the majority of these farmers is access to finance. Lack of access to finance is a key impediment to farmers in improving the efficiency of their productions and adopting better technologies. So, to have a better understanding about agricultural finance is a very important thing to the farmers or other people that may relate to it in their daily life. So that, after reading this artikel, we may have the understanding about the financial concepts and the practical applications of finance that is essential for anyone, especially the important managerial problems in agriculture that involve finance.
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