Tag Archives: Business loan

While small business loans slid 4.1% from 2009 to 2010, there was still some $310 million extended in 2010. So while credit may be tight, capital is out there. But what do banks look for these days before extending a loan? “I think a lot of people seem to have the impression that banking is rocket science,” says Douglas Dillon, Senior Vice President of Commercial Lending for Industrial Bank (No. 8 on the BE BANKS list with $382 million in assets). “I’m not of that impression.” He says banks look at the following five criteria before extending a business loan. —Alan Hughes

5 Tips on How to Secure a Small Business Loan

If you want the bank to say yes to a loan, know these five things they look for

Getting a small business loan can make or break a budding business. Here are five…

By Alan Hughes

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Savvy Solutions: Franchise Deal Too Good To Be True?

What questions do I need to ask so I don't get taken advantage of?

I am looking into a franchise opportunity. They’re offering a special program where I would…

By Tennille M. Robinson

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10 Things to Remember Before Applying for a Business Loan

Maximize your chances of getting one

It’s a well-documented fact that banks are less risk tolerant than in years past. But…

By Alan Hughes

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Recipe for Success

Copreneurs blend their knowledge and resources to produce $20 million company

It did not take long for Angela Cauley and Ian Blount to concoct an alluring…

By Renita Burns

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