Saturday, August 13

Tag: Business Loan

Insight About Business Loan Underwriting
Business

Insight About Business Loan Underwriting

Understanding the process while applying for the loan is tricky in many ways. Be it the average person or a business person; both don’t know what the entire process of loan requires. The process of loan sanctioning can be understood clearly with the loan underwriting. This blog will give insight into what underwriting is and what things are required for the loan underwriting process. Define Underwriting The business loan underwriting process will determine the financial health of the potential borrower. It even verifies whether the borrower is meeting all the criteria which are required to grant the loan. The loan underwriting process involves everything from checking the business and financial documents along with the growth plan of the borrower. Method to follow for Loan Underwriting Mos...
Innovative Ways To Use An Equipment Loan For Your Business
Business, Finance

Innovative Ways To Use An Equipment Loan For Your Business

When you start your own business venture after leaving your old job, it is one of the best feelings in the world. No more worrying about looming deadlines, impossible targets, shouting manage, crazy working hours, and so much stress just for a meagre salary which does not do justice to your talent and the effort that you put in. But, then running your own business is no child’s play, you have to arrange for the money and other resources just to get the business activities started. On top of that, you must handle multiple operations, travel great distances, conduct client meetings, arrange for vendors, and attend to client complaints which make you busy and running around here and there. If there comes up an emergency expenditure that you must take care of but do not have adequate spare mon...