Category: Business

Ways to persuade lenders to fund your business Being able to convince lenders that you have the capability of being successful in your business or proposed business is very important. No lender will want to borrow anyone who has not shown his or her skills to make a business successful. Securing finance whether through application, phone call, or face to face meeting, lenders are looking for that potential goal-getter that has the zeal and is able to function well in his or her proposed or current business To be able to impress and show your lender those skills, there are several things to be put into consideration. You have to make sure you have thought through the answers to the possible questions that might be thrown at you, so that you can counter any objection thrown at you. Written application should also be able to: Have a clear response on what you want to use the money for Demonstrate you understand the industry Know everything about...