Improving Your Chances to Get Approved

Improving Your Chances to Get Approved
By Marian Thomas

Here are some key points to think about when asking for funding or lines of credit.

Tip #1 Did I do my homework on learning what this lender or money source requires from me the business owner?

Tip #2 Did I prepare the proposal thoroughly giving the lender or money source proper perspective of what I am trying to accomplish.

Tip #3 Do I have a Business Credit Profile and Score that the lender or money source can review and NOT my personal credit rating.

The major causes of failure to obtaining proper financing is poor planning, lack knowledge and not having established a Business Credit Profile and Score.

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About the Author

Marian Thomas, Texas Small Business Lending
4820 Rincon Way
Fort Worth, TX 76137
817-898-0463

If you would like to re-print this article, please contact the author.

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