How To
Begin
Preparing
For Your
Business
Start Up
Loan
Financin
g

Many people are hesitant to
put up a business because of
insufficient budget. This is
because
managing
a
business calls for full time
and attention. Trying to
juggle between business and
a regular job can be difficult.
Thus,
for
anyone
who
dreams of having a business,
being financially prepared is
a must. In this presentation,
let's
talk
about 

san
Lo
ss ing
ine nc
us ina
pB rF
r tu u l a
Sta Pop
ic e
ho
a
C

Banks and commercial lending companies
offer start-up loans for small businesses.

Generally,
the money you
can get from a
business loan is
enough to cover
for up to 60% of
your start up
costs.

Generally,
the money you
can get from a
business loan is
enough to cover
for up to 60% of
your start up
costs.

This includes
buying equipment,

This includes
buying equipment,
buying supplies,

hiring workers,
leasing a business space
and marketing the business.

hiring workers,
leasing a business space
and marketing the business.

hiring workers,
leasing a business space
and marketing the business.

During the start up stage, a
business owner may need to wait
from 2 to 3 months before real
profits can be seen. Introducing
your company to the market and
building up your customer base is
another challenge. Be prepared
and make sure that you will have
sufficient cash flow while your
company establishes its footing.

Requirements of Business Loan Financing

What are the prerequisites to
get approved for a business
loan?

The exact requirement may vary from one
lending company to another.

The exact requirement may vary from one
lending company to another.
Basically, lenders will require the

submission of a comprehensive business
plan to determine the potential of your
business.

The exact requirement may vary from one
lending company to another.
Basically, lenders will require the

submission of a comprehensive business
plan to determine the potential of your
For established businesses, you may be
asked to submitbusiness. balance sheets
financial

for the past two years or from the time
you launched the business.

The exact requirement may vary from one
lending company to another.
Basically, lenders will require the

submission of a comprehensive business
plan to determine the potential of your
For established businesses, you may be
asked to submitbusiness. balance sheets
financial

for the past two years or from the time
Other you launched the business. need
documentations that you

to prepare are business licenses and
permits.

Credit history is another
important requirement.
For new businesses with no credit history, the
business owner's personal credit score will be
the basis of your lender’s approval.

If you have bad credit history,

If you have bad credit history, you may seek out
lending companies that offer bad credit business
loans,

If you have bad credit history, you may seek out
lending companies that offer bad credit business
loans, although they may come with higher
interest rates and may be limited to smaller
amounts.

If you have bad credit history, you may seek out
lending companies that offer bad credit business
loans, although they may come with higher
interest rates and may be limited to smaller
amounts. Meanwhile, those who have an
excellent credit rating has the advantage of
getting the lowest interest rates, higher credit,
faster approval rate and more flexible
repayment terms.

If you have bad credit history, you may seek out
lending companies that offer bad credit business
loans, although they may come with higher
interest rates and may be limited to smaller
amounts. Meanwhile, those who have an
excellent credit rating has the advantage of
getting the lowest interest rates, higher credit,
faster approval rate and more flexible
repayment terms.

If you have bad credit history, you may seek out
lending companies that offer bad credit business
loans, although they may come with higher
interest rates and may be limited to smaller
amounts. Meanwhile, those who have an
excellent credit rating has the advantage of
getting the lowest interest rates, higher credit,
faster approval rate and more flexible
repayment terms.

If you have bad credit history, you may seek out
lending companies that offer bad credit business
loans, although they may come with higher
interest rates and may be limited to smaller
amounts. Meanwhile, those who have an
excellent credit rating has the advantage of
getting the lowest interest rates, higher credit,
faster approval rate and more flexible
repayment terms.

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