Have you ever asked yourself this question and come up with an honest answer? Most small business owners don’t do a thorough cost analysis after that first one which is required when they write a business plan. The bank will look for you to give them a detailed projection of […]
Day: April 29, 2024
A Finance Approval Can Be a Moving Target
Financing equipment in all markets is always a slightly moving target. Hard credit rules are constantly changing because underwriters and credit teams are pressured to make the right decision; their jobs depend on it. The squeeze on one end for lenders is to minimize bad debt by avoiding financing clients […]