Banks want to lend money, but they’re ultra-conservative. You need these tips to help you get approved.
This episode will help you qualify for a loan and understand how to work with bank representatives. It will also offer advice on how to help banks feel more comfortable in dealing with your situation and how to show them that you are worth their time and money.
If you’ve been rejected by the bank or want to avoid getting turned down, here are the 10 steps to help you get your loan approved!
Highlights of the episode:
00:00:38 Podcast Intro
00:03:33 Client Fishing for a Loan
00:04:09 10 Steps
00:04:11 Identifying the Bank
00:05:16 Make an Application
00:06:03 Personal Financial Statement
00:10:10 Business Plan
00:12:35 Financial Analysis
00:13:23 Risks and Opportunities
00:13:41 Management Plan
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