presented by: Jamil A. Massengill, International Business Consultant | Facilitatorcompany: JAMAIA Financial Marketing Group, Inc.
Email: JAMAIAFinancial@Adpost.com
Author: Ms. Pammy W. Triester
Okay,
you've got your million dollar idea, now it's time to put in the work on it.
Your business model is set, or already budding. All you need is the physical
space to grow in. Whether you're initially building your business or you're
expanding into a larger space, you'll need to secure the necessary funds to
invest in your business' new home.
The
only thing standing in your way then becomes the business financing or
commercial loan lender. There is a process that the auditors take in regards to
deciding how much (if any) money you can be lent and what the terms of the loan
will be. Although there is much that is out of the borrower's hands, there are
a few things that you can take into account to hopefully get the best rates
possible. The following are some of the criteria that a loan auditor will judge
your commercial loan application on for business financing.
Your Business
First of all, are you an already established business that is looking to take
the step to the next level or are you a young start-up business that is looking
to build a customer base. If you're already established, a loan auditor will
want to see that you've got an established customer base that is not only
growing, but will follow you to the next step that you're planning on making.
If your business is a start-up, you'll need to prove that your business plan is
well thought out and will succeed. Only a thriving business can pay back a
loan, and an alternative financing lender isn't going to want to risk money on
a pipe dream.
Your Market
Next, you'll need to
assure the business lender your plan has an untapped or growing market that
requires the alternative financing to reach. Think about it this way; no one's
going to lend you money to invest in a dying or oversaturated market. Prove
that your market is lively and booming through research, solid numbers, and
area analysis. A loan auditor will take both your information and passion for
the project into account.
Your Finances
No matter how strong a business idea, you're not likely to get business
financing from a lender if you've got a poor financial history yourself. Take a
look at your credit report. If it's not looking stellar, there are steps that
you can immediately start taking to begin to remediate that problem. Also, a
clear outline of what every bit of the alternative financing will go to will
work heavily in your favor. Show the loan auditor that you understand the gravity
of business financing and can spell out exactly what each cent will do to make
your business stronger.
A
little preparation and your meeting with the loan auditor should go very well.
Alternative financing is a big step is making your business aspirations come
true. Make sure that it is a financially sound and safe step by preparing you
business plan and finances beforehand and getting the best loan terms possible.ammy
Okay,
you've got your million dollar idea, now it's time to put in the work on it.
Your business model is set, or already budding. All you need is the physical
space to grow in. Whether you're initially building your business or you're
expanding into a larger space, you'll need to secure the necessary funds to
invest in your business' new home.
The
only thing standing in your way then becomes the business financing or
commercial loan lender. There is a process that the auditors take in regards to
deciding how much (if any) money you can be lent and what the terms of the loan
will be. Although there is much that is out of the borrower's hands, there are
a few things that you can take into account to hopefully get the best rates
possible. The following are some of the criteria that a loan auditor will judge
your commercial loan application on for business financing.
Your Business
First of all, are you an already established business that is looking to take
the step to the next level or are you a young start-up business that is looking
to build a customer base. If you're already established, a loan auditor will
want to see that you've got an established customer base that is not only
growing, but will follow you to the next step that you're planning on making.
If your business is a start-up, you'll need to prove that your business plan is
well thought out and will succeed. Only a thriving business can pay back a
loan, and an alternative financing lender isn't going to want to risk money on
a pipe dream.
Your Market
Next, you'll need to
assure the business lender your plan has an untapped or growing market that
requires the alternative financing to reach. Think about it this way; no one's
going to lend you money to invest in a dying or over saturated market. Prove
that your market is lively and booming through research, solid numbers, and
area analysis. A loan auditor will take both your information and passion for
the project into account.
Your Finances
No matter how strong a business idea, you're not likely to get business
financing from a lender if you've got a poor financial history yourself. Take a
look at your credit report. If it's not looking stellar, there are steps that
you can immediately start taking to begin to re-mediate that problem. Also, a
clear outline of what every bit of the alternative financing will go to will
work heavily in your favor. Show the loan auditor that you understand the gravity
of business financing and can spell out exactly what each cent will do to make
your business stronger.
A
little preparation and your meeting with the loan auditor should go very well.
Alternative financing is a big step is making your business aspirations come
true. Make sure that it is a financially sound and safe step by preparing you
business plan and finances beforehand and getting the best loan terms possible.
Business Informational Resource Downloads: Click the below links
Revenue Based Loan Program - True business loans, not a cash advance - Loans range from $10,000- $2,000,000. Funding as fast as 7 days.
Equipment Lease & Finance Program - We offer equipment leasing and financing for start-ups and established business, 48 hour approvals, 100% Financing,funding range from $2,000 - $2,000,000.
Business Directed Retirement Account Program - Gives you freedom to invest your own retirement account into your business. No loans, no banks, no credit requirement, Avoid penalties or taxable distribution.
Business Term Loan Program - Small business Loans with Easy Qualifications and easy payment - Loans from $50,000 - $5 million - Free Loan Assessment Consulting.
Merchant Account - Switch your Merchant processing to us and we've got a lot of zeros for you. $0 Merchant Account Setup Fees, $0 Equipment Purchase Costs and $0 Monthly Processing Minimum.
You can call Toll Free at 1-800-730-3084 ext. 1304 - Consultant are standing by to assist you.
Any questions please contact at 910-578-0338.
Best Regards,
Jamil A. Massengill
International Business Consultant | Facilitator | Platform Manager/Mandate
JAMAIA Financial Marketing Group, Inc.
Direct: 910-578-0338
Skype: jamaiafinancial
Email: JAMAIAFinancial@Adpost.com
Tags: Business Finance, Business Loans, Equipment Finance, Equipment Lease, Unsecured Business loans, SBA Loans, Business Credit Lines, Crowdfunding, Revenue Based Loans, Credit Card Cash Advance, Affordable Merchant Account, Merchant Account,