How Does A Bank Look At A Funding Request For A (small) Business Loan?

What is are the assets the bank will want as collateral for this loan. Will they want a sponsion by the director / shareholder. Are there other conditions that have to be fulfilled. For instance often the bank will want to receive an interim balance sheet and profit and loss account (often at high costs for the business involved in this loan process). After the credit team goes along with the final proposal, the account manager / loan officer will discuss the bank’s offer with his customer. Tips for Getting a Small Business Loan The Finishing Touches The customer will have to decide if he will take the bank up on their offer. There is usually some room for negotiation.
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