Remove CPA Remove Revenue Remove SBA Remove Small Business Administration
article thumbnail

8 Essentials To Qualify Your Startup For A Bank Loan

Startup Professionals Musings

The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan. Approaching a banker without a business plan, and asking for money, is a sure way to be rejected and leave a bad first impression. Demonstrate an ability to repay from revenues, not collateral.

article thumbnail

8 Strategies To Improve Your Odds Of Getting A Loan

Startup Professionals Musings

The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan. Approaching a banker without a business plan, and asking for money, is a sure way to be rejected and leave a bad first impression. Demonstrate an ability to repay from revenues, not collateral.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Latest Questions Small Businesses Are Asking

Up and Running

Do I need to hire a Certified Public Accountant (CPA) for my small business? A Certified Public Accountant (CPA) is a state licensed professional who offers various accounting, auditing, tax, financial analysis, business valuation and consulting services. Leave your question in the comments below.

article thumbnail

8 Keys To Convincing A Bank To Fund Your New Venture

Startup Professionals Musings

The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan. Approaching a banker without a business plan, and asking for money, is a sure way to be rejected and leave a bad first impression. Demonstrate an ability to repay from revenues, not collateral.

article thumbnail

How Entrepreneurs Qualify for Funding from Banks

Startup Professionals Musings

The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan. Approaching a banker without a business plan, and asking for money, is a sure way to be rejected and leave a bad first impression. Demonstrate an ability to repay from revenues, not collateral.

article thumbnail

8 Steps In Securing A Bank Loan To Fund Your Startup

Startup Professionals Musings

The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan. Approaching a banker without a business plan, and asking for money, is a sure way to be rejected and leave a bad first impression. Demonstrate an ability to repay from revenues, not collateral.

Security 120
article thumbnail

How to Help Your Startup Qualify for a Bank Loan

Startup Professionals Musings

The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan. Approaching a banker without a business plan, and asking for money, is a sure way to be rejected and leave a bad first impression. Demonstrate an ability to repay from revenues, not collateral.