Character
Entrepreneurial-minded banks will base some of their decision on what the borrower and president of the company bring to the table. That is, specific experience in the business. Your resume is very important to the bank and will help to make up for lack of collateral.

Collateral
Banks are banks let’s not forget and although they will lend to start-ups and risk ventures they do want to secure their loans as much as possible. Many banks will require that all available assets be pledged to support the loan. This most often includes the business or your personal real estate and fixed assets. If you don’t own personal real estate family/friends or investors can pledge real estate instead of investing cash in the business.

Cash Flow
Banks want to make sure the cash flow will cover or service the debt. Capital Connection will help you develop your projections and determine your debt service coverage.