The 5 C’s of Business Loans, Part 2

Posted · Add Comment

3. Capital Capacity or cash flow represents your ability to generate income that will pay your debts. If you’re starting a new business, the bank assesses your global cash flow – your current personal income as well as your projected income from the business. If you’re acquiring an existing company, the lender wants to see that the last three […]

The 5 C’s of Business Loans, Part 1

Posted · Add Comment

If you are planning to start or expand a business and need to seek a business loan through an approved lender, there are five factors that banks analyze and are important to determine whether to approve your small business loan application.  They are called the 5 C’s, and if you have them, chances are better […]