Tag Archives: 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

Posted: December 6, 2011 Tags: , , , , , , , , , ,

How to Get a Loan the Web 2.0 Way

As traditional banks remain tightfisted, more people are turning to online peer-to-peer networks for personal loans.

It took Karla Brazelton just three days to round up nearly 100 strangers willing to…

By John Simons

Posted: December 1, 2010 Tags: , , ,

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

Posted: March 29, 2010 Tags: , , , , , , , ,

Money Matters: Finding Financing for a Fixer-Upper

How to get the money for a home makeover

My husband and I are looking to buy a home, but all we can find…

By John Simons

Posted: February 1, 2010 Tags: , , , , , ,

Money Matters

Unusual places to find small business funding in a challenging environment

Securing capital remains a difficult feat for most entrepreneurs. And with banks keeping the purse…

By Bridget McCrea

Posted: November 1, 2009 Tags: , , , ,