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

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Will he be willing to work with the bank when their relationship goes sour. Small Business Loans: The Dirty Little Secret and … Some Objective Criteria This is the part where the numbers are crushed. First of all the bank will try to make sure they are not financing any losses. Banks do not mind society bailing them out, but the thought that they would have to bail a business out is quite unnerving for the man and woman in suits. Next they will try to analyze the need for the loan requested. Is the amount asked for plausible. Is it too high or too low. Banks do not like businesses to use a salami tactic. Feeding them slices and forcing them to buy the whole salami. If you want them to buy the whole salami better be upfront about it.
For the original version including any supplementary images or video, visit http://raymondphilippe.hubpages.com/hub/How-Does-A-Bank-Look-At-A-Funding-Request-For-A-Small-Business-Loan

All Rights Reserved. Disclaimer: The Small Business Loan Store is not a Certified Financial Advisor, U. S.
For the original version including any supplementary images or video, visit http://smallbusinessloanstore.com

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