All businesses require some form of financing whether it comes from your own personal savings, friends and family, or a lending institution such as a bank or credit union. If you require a formal loan to get your business off the ground or to keep it moving forward, you will need to understand the process and paths to accessing capital.
Use the following resources to determine which type of loan is best for your business, how to give lenders what they want, and how to put together a loan package that seals the deal.
Short-term and long-term loans are described with options for small business owners such as lines of credit.
The five key factors lenders use when considering your application for a business loan.
Quick test to help you assess your credit worthiness and improve your standing before you seek financing.
Basic outline and instructions for writing a great business plan to help you secure financing.
Tips to help you choose the type of loan you need and prepare for a loan request.
Basic elements of a well-written loan proposal to help improve your chances of obtaining a loan.
A checklist of the documents that are required by most lending institutions in order to secure a loan.
Here are six Ps that will help ensure you are well-positioned for borrowing success