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Questions to Ask Yourself
  • Are you and your business credit worthy?
    -Your personal and business credit ratings will be analyzed.
  • What kind of money do you require?
    -Short, long, intermediate term money or equity capital.
  • How much money do your need?
    -Present exactly what you need and what it is for.
  • Do you have sufficient collateral?
    -Your collateral must equal the loan amount at a minimum.
  • What are the Lender's rules?
    -Ask about Loan to Value's and Debt Coverage Ratios.
  • What kinds of limitations will be set by you?
    -Know your comfort level with rate, payment, and term.
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