HAÏTI | Port des Paix | Mort de Tony Vernio : Des églises refusent de chanter les funérailles

HAÏTI | Port des Paix | Mort de Tony Vernio : Des églises refusent de chanter les funérailles - Suivez les détails au micro de Louco Désir...

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Detail What the Loan Insurance  Will Pay For

Most new entrepreneurs make the mistake of not accurately estimating how much money they need. To combat this, make a detailed list of what you intend to use the loan to pay for and how much each line item costs. You should be as specific as possible. For instance, if you plan on purchasing inventory, detail the exact type of inventory and how many units you will need of each type. You can also include the price per unit in your estimates. Be sure to share this list with your lender as it will help your application get approved.

Register Your Business

Get your business registration, licenses and permits in order before applying for a loan. You’ll need to file (and pay for) these licenses, permits and registration through your state government. Normally, you can fill out these applications online.

Choose a Bank You Have a Relationship With

Never underestimate the power of an existing relationship when you apply for a loan. A banker who knows you will be all the more likely to work hard to get your application approved, or push their committees for exceptions. We recommend applicants start with the bank or lender they already use. If that’s not an option, see if you can get referred to another lender through a mutual connection.