Schools
Borrowing Money for Your Business
Learn your financing options for covering start-up costs for a new business, improving an existing business or buying a business. Find out the criteria and documentation most lenders require to begin the process for applying for a small business loan.
Understand the role of your written business plan, or current and past years' financial statements and tax returns (if you're already in business) in demonstrating, your ability to repay the money you borrow. Find out how your character, management experience, knowledge and experience in your industry, credit history, collateral and owner injection affect your ability to persuade potential lenders.