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What you need to know before going for a bank loan?
Does applying for a business loan feel daunting to you? Well, you’re not alone, Xero found 76% of small business owners felt applying for business loans difficult, and 42% struggled to collate the right financial information.
In this Workshop, we’ll break down how to make applying for a loan easier and less stressful. We’ll run through things like:
-The type of information you’ll generally be asked to provide and understand why you’re being asked for it
-What lenders are thinking when they look at your application
-How to prepare and present your business to be more ‘bankable’ and ready to speak to lenders
-Access to Finance Advisor, Amy Chen, has lent billions of dollars to countless businesses that she’s assessed over her banking career. She’ll give you the insider tips on how to approach the process, what lenders are looking for and things you can do to prepare your business well before you need to borrow.