Small Business Loan Advisor

If you you are planning to run your own business (or already run one) then one of the first things you will need to get started is money, and fortunately there are a number of different loans for small businesses – whether you are just getting started or are looking to expand. Credit Score and Credit Ratings: A single late payment leaves a blemish on the credit report and tends to tarnish one’s credit score. While a small business loan refers to a loan for the business itself, the personal credit history of the business owner will strongly determine if the bank or lender would give its approval to the application.small business loans

Three C’s: Three C’s refer to character, capacity, and capital, which are considered the three basic criteria by the lenders for granting loans. When you are writing the proposal letter, make sure that you let your lenders (whether private … Read More...