Traditionally bankers look at what are called the 3 “C”s – character, credit and collateral. Character means more than not having a criminal record. It means that the banker feels confident that you are not going to suddenly disappear if […]
How to get the Bank’s money, even when the Bank says “No” !
Banks have much more lenient standards for lending to consumers than to businesses. So what you can do is borrow the money from the bank as a consumer and then turn around and personally invest the funds in your business. […]
How to increase your chances of raising bank financing
Most owners of small businesses believe that banks only lend money to companies that don’t need it. This is not true. However, what is true is that bankers and the banks they represent will not typically make an effort to […]
Islamic Finance For Businesses
You don’t have to be Muslim to be eligible for Islamic finance. Cia Manes, an attorney at law firm Howard Kennedy, looks at how businesses could benefit from a growing pot of money.
Top 10 Ways to Avoid Loan Fraud
Every year, misinformed homebuyers, often first-time purchasers or seniors, become victims of predatory lending or loan fraud. Below you’ll find the top ten ways to avoid becoming a victim yourself.
How To Get Your Bank To Say “Yes”
Banks are the major source of finance for small business. When applying for finance from you bank it helps if you follow these procedures…
Can’t Get a Bank Loan to Buy a Business? Consider These Financing Methods
As the economy struggles to rebound, unemployment rates remain at historical highs and millions of Americans are still looking for work. As a result, many have considered following their entrepreneurial dreams and “creating” their own job rather than relying on […]