Wednesday, January 25, 2017

The Art of The Ask: How to Create a Compelling Case for Business Loans

Do you think a business loan could help your company grow?

Help your small business grow by creating an excellent case for growth financing.

Whether you're looking at growth financing or seed financing, securing a loan can be one of the most stressful parts of starting and growing a business. As you work on your business planning, you need to think about how you'll launch financing for your business. To develop financial resources for business, you need to create a compelling case so lenders will help you with your business loans. How can you prepare to ask a lender to help you grow your small business?

LOOK IN THE RIGHT PLACE FOR BUSINESS LOANS

As you look for loans for your business, make sure that you begin in the right place. While credit cards can help you pay your regular phone bill, they're too high interest for a long term business loan. Investors look tempting, but you need to decide whether you want someone to own a part of your company or whether you'd prefer to take the risk of bringing on debt. When you're seeking a business loan, know that many larger banks cannot provide a new business with access to loans, since you have no strong credit history yet. Instead, look for lenders that are friendly to small businesses, such as Lendified. Small business lenders understand the needs and challenges of your business. Original Source...

Contact Us:

330 Bay Street, Suite 306
Toronto, Ontario 
Zip Code: M5H 2S8
Business Phone: +1 647 381 9218
Business E-mail:  troy.wright@lendified.com

Location: Toronto, ON, Canada

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