This video provides insights into how to get your business loan applications over the line:
- How to articulate your business opportunities and ensure they are realistic
- Your trading outlook versus your Cash Flow requirements
- Explaining how you will service debt
- Understanding your industry and the risk exposure (in the lender’s eyes)
- How to sell and differentiate yourself from others in your industry
- How to overcome lender’s reluctance
- Cash flow forecasting to support your loan application
- Your Business Plan and how to present it to a lender
- How resilient is your business model?
- A Case Study of a Pastoral company struggling to get a loan and how they succeeded in securing their loan
- What information was included in the loan application?
- How they told their business ‘story’ to the lender
- What financial information they provided to the lender and how it was presented
- How this overcame the lender’s reluctance and gave them confidence in the borrower
