How do I Enhance My Likelihood Of Getting A Small Company Loan?

How do I Enhance My Likelihood Of Getting A Small Company Loan?

In this version of “Ask the Board,” we ask Sharon Miller, Bank of America’s mind of small company for many insider tips about how to better prepare for obtaining a small company loan.

In the event that you could make your very own dream Board of Directors that would be onto it?

Sharon Miller, Head of small company for Bank of America, answers…

Small businesses in many cases are juggling numerous responsibilities for a day-to-day foundation — from handling daily operations to employing, social media marketing, preparing and invoicing. In addition, numerous business owners find accessing money and handling money flow to be among their most significant challenges. In reality, the U.S. small company Administration reports that low cash movement may be the single contributor that is greatest to the failure of smaller businesses.

In accordance with our Bank that is recent of small business operator Report, 15% of entrepreneurs intend to make an application for a loan within the next one year. Continue reading “How do I Enhance My Likelihood Of Getting A Small Company Loan?”