Ideas in Action
The following articles offer practical advice from a wide range of business experts, from marketing specialists to management consultants. New articles will be posted here monthly, so be sure to check back for the latest Ideas in Action.
Eight Steps to Small Business Banking Success
Kim T. Blueher, WESST, April, 2008 – Getting a loan to start or grow your business can be time consuming and frustrating especially if you don't know what lenders look for when deciding whether or not to loan you money. Loan officers all want basically the same thing: to loan money that gets repaid. From their perspective it's about that simple. But from the perspective of the person seeking a loan, there are several steps you must (or at least should) follow to have the best chance possible of getting the loan officer to say yes.