Creating Data & Logic for faster SBA loan approvals | Award Winning Business Finance Advisor & Consultant | NJBIZ Leaders in Finance 2023 | Best Selling Author "Bankability - a Walkway to Loan Approvals (Amazon)
If you are an on-going or existing business, are you hitting you revenue goals every quarter? Are you able to SUSTAIN debt quarter by quarter? Meaning, are you making enough money to pay back your loans on time? Are you building enough EQUITY on your P&L and Balance Sheet for future growth? These things are important guys! It is extremely important to demostrate to banks that your business is WORTHY. Worthy of loans, to borrow, and expand. If YOU don't sow a seed to demostrate that you can pay back a loan on paper (tax returns), how can you expect the banks to approve loans? Remember, your financials are the only thing the banks CAN SEE and lend money against; what car you drive or how many expensive vacations you take is completely meaningless when it comes to getting financing. Show equity, you may have to pay some taxes, but thats an investment in your own future. We call this #BusinessSustainabilityService. Need more information? Scan the bar code or click this link https://lnkd.in/eZec-ZT5 to set up a 30-min confidential intro-call with me. www.EZFundingSolutions.com #notjustabanker #bankabilityzone #bestsellingauthor #ezfs
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3dBusiness sustainability is crucial for growth. Manifesting those numbers on paper can really sway banks—might be worth a deep dive