How Do I Become Bankable?
The term “bankable” is commonly understood in the business world and especially the financial industry to mean that a business can meet the lending requirements for term loans from a bank.
Ask a Business Advisor
Starting and growing a business comes with plenty of questions. Whether you're looking for financing, building a business plan, managing cash flow, or preparing for growth, CEDF's Business Advisors are here to help. Browse answers to common questions from business owners.
Selected questions may be answered in a future article to help other business owners facing similar challenges.
What’s the Difference Between a Personal and a Business Credit Score?
Credit scores are important in the financial world because they are regarded as a proxy for the character of the borrower. Setting aside the discussion of whether this is a fair or always an accurate way to assess such an important characteristic, the reality is that credit scores are entrenched in the business world and they matter.
Is a Down Payment Required for a Business Loan?
The answer is: sometimes.
What’s the Difference Between These Sources of Small Business Capital?
There are many different sources for borrowed small business capital. But the terms can be very different and the net costs to the borrower can vary enormously. Be careful and be sure you understand how the products differ from traditional business lending.