How To Get A Small Business Loan With Bad Credit? | Gud Capital

What is a Factor Rate?
For the original version including any supplementary images or video, visit https://www.gudcapital.com/how-to-get-a-small-business-loan-with-bad-credit/

Small Business Loans to Retail Business to Increase | GUD Capital

According to the survey, 69% of banks expect a moderate increase in origination of small business loans (including term loans and lines-of-credit ) to retail business over the next year. Less than 2% expect a moderate decrease in commercial loans to small business during the same period. When it comes to underwriting policies for approving applications for new retail small business loans over the past year, nearly 14% of banks found they have tighter requirements regarding personal guarantees, while 7% said these small business loan requirements have loosened. Minimum underwriting policies for approving loan applications for new retail small business loans saw an uptick in tighter standards related to FICO scores of business owners over the past year, with nearly 19% of bank loan officers saying of the scores were somewhat tighter for determining loan approvals, as opposed to 10 who said they were somewhat easier.
For the original version including any supplementary images or video, visit https://www.gudcapital.com/small-business-loans-to-retail-business-to-increase/

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s