Lenders and Investors look for11 Things – Part II
ShareWe discussed small banks and third party lenders last week in Part I. This week in Part II we summarize 1-8 of the 11 things Lenders and Investors look for.
1. The Plan describes a marketable idea.
Lenders and investors want to see proof that customers want your product or service and are willing to buy it [...]
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Lenders & Investors Look for 11 Things part 1 of 3
ShareFirst off, don’t write off the smaller banks too quickly. A number of small banks have funds available and are often more willing to loan them, but you need to have been in business for over two to four years, depending upon the lending institution, and show proven profitability. It isn’t easy, but if you [...]
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What Do You Do If You Have a Great Concept But Need Funding?
ShareWhat Do You Do If You Have a Great Concept But Need Funding?
You have a new “Concept” or “Idea”. Congratulations! Now what do you do?
If the acquisition of capital is your primary goal for your business, then let’s take a step back and see what you need to do.
Many entrepreneurs become so excited with [...]
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11 Things Lenders and Investors Looking For
ShareFirst off, don’t write off the smaller banks too quickly. A number of small banks have funds available and are often more willing to loan them, but you need to have been in business for over two to four years, depending upon the lending institution, and show proven profitability. It isn’t easy, but if you have [...]
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Which Banks are Approving SBA Loans?
ShareThe ARC loan is becoming even harder to get, and what loans are being granted are to a much smaller community of small businesses than the stimulus money was designated to serve. However, the great help to your business makes it still worth the effort to do your best to get one. Don’t take no [...]
New ARC Loan May Help Starving Businesses
ShareThe following is an article from the Jul 8, 2009 Inc. Newsletter by Keaton Gray
Critics say the $35,000 loans aren’t enough to help the vast majority of small businesses, while lenders grumble over the paperwork.
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11 Things Lenders and Investors looking for
ShareFirst off, don’t write off the smaller banks too quickly. A number of small banks have funds available and are often more willing to loan them, but you need to have been in business for over two to four years, depending upon the lending institution, and show proven profitability. It isn’t easy, but if you [...]
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Does Your Business Qualify for Stimulus Money?
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Under normal conditions there is a good chance you would qualify, but in Colorado under current conditions – maybe not.
In the August 1, 2009 Denver Post, an article by Miles Moffeit makes the possibility of acquiring Stimulus Money appear close to the same odds as having the winning Lottery ticket. Currently loans are limited [...]
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