bank loan Archives

A Guide To Applying For A Bank Loan

A Guide to Applying for a Bank Loan
by in Columnist Spotlight | Finance

Every business at some point will require outside financing; his generally means obtaining some form of bank loan. For many, this turns out to be a very aggravating and frustrating process. You may be financing a new business or simply be in need of seasonal financing, but proper planning will substantially enhance your chances of… Read More →

How To Get A Bank Loan Approved

bank loan
by in Columnist Spotlight | Finance

Banks, in general, have done a poor job of informing businesses what it takes to get a bank loan approved. In the bankers’ world, many of the most important considerations are what we refer to as the Five C’s of Credit: Capacity: History of positive cash flows The best predictor of a business’s likelihood of… Read More →

Small Businesses Are Still Waiting For Bank Lending To Thaw

Lending Thaw

We are still feeling the effects of the recession that started in fall 2007. When small business owners read financial literature, listen to pundits on television or radio, or visit with their local bankers, they still encounter conflicting information regarding the near- and long-term prospects of both the Arizona and United States economies. Small business… Read More →

Raising Capital In A Financial Drought Is Tough, But Not Impossible

money pile

In today’s turbulent economic environment, many companies are finding their cash flows temporarily reduced due to difficult business conditions. Less cash flow generated from operations can cause a working capital squeeze or make existing lenders uncomfortable and/or uncooperative, particularly if the company has violated a loan covenant or agreement. In the past year, we have… Read More →