Looking for a Loan? Be prepared to answer these 6 questions

Small business owners need to be organized when looking for a loan.  Irv Williamson,  a SCORE counselor, has put together a presentation for our Get Financing Workshop .   As part of that presentation, he  suggests that you be prepared to answer these 6 questions.

  • What size loan do you require?
  • How will you use the money?
  • How will the loan benefit your business?
  • When and how will you pay back the loan?
  • How are you a good credit risk?
  • What if the business fails or  you cannot repay the loan?

For more information on the workshop, please click on this link:

http://bit.ly/GetFinancing

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Posted in Business plan, Financing and Loans. Tags: , , , , . Comments Off on Looking for a Loan? Be prepared to answer these 6 questions
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