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Old 4th May 2007, 04:09 PM   #1
Linda
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Default How To Get A Business Loan In Five Steps

How strong are your "three C's?"

"Identify your strength and weaknesses in the "3 C's". Do this as would a lender - with a very critical eye. Identify your loan to value ratio and your debt service coverage ratio."

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Old 4th May 2007, 04:15 PM   #2
Raise Capital
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Great information. I think people tend forget about establishing the base before asking for credit. I have seen many people come to me, and say that they do not have collateral. I recommend if you are thinking about starting a business, start a small and economical one. As you build your business, by property that can increase in value or reinvest it into the business you are trying to grow before stepping into the business you want.

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Old 6th July 2007, 07:24 PM   #3
jterrozas
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Both are right. If you don't have credit you can get the financial funding you may need if you process credit cards. Go to project-financial.com and take a look.

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