Understanding the Basics

    

Borrowing Money

Borrowing money is one of the most common sources of funding for a small business, but obtaining a loan isn't always easy. Before you approach a lender for a loan, it is a good idea to understand as much as you can about the factors the bank will evaluate when they consider your application. This discussion outlines some of the key factors a lender uses to analyze a potential borrower. Also included is a self-assessment checklist for you to complete.