{"id":1637,"date":"2020-10-07T04:36:42","date_gmt":"2020-10-07T04:36:42","guid":{"rendered":"https:\/\/www.vitalstatistics.info\/?p=1637"},"modified":"2020-10-07T04:36:42","modified_gmt":"2020-10-07T04:36:42","slug":"important-questions-before-applying-for-a-corporate-loan","status":"publish","type":"post","link":"https:\/\/www.vitalstatistics.info\/important-questions-before-applying-for-a-corporate-loan\/","title":{"rendered":"Important questions before applying for a corporate loan"},"content":{"rendered":"
Before applying for a loan, you must be able to answer the following questions about your business:<\/span><\/p>\n
\n
How has my SME operated since it was created and how has it behaved recently?<\/span><\/li>\n
What are my business expectations in the short term?<\/span><\/li>\n
Have profits increased, remained constant, or decreased?<\/span><\/li>\n
What is the financial status of my company today?<\/span><\/li>\n<\/ul>\n
Remember that it is very important to be realistic and know the details of your business in depth. However, consulting with a professional SME loan broker Singapore will help you avoid the mistakes that many entrepreneurs make when requesting this type of loan.<\/p>\n
Common mistakes in applying for business loans<\/i><\/b><\/p>\n
There are many errors that can limit your access to credit for your company or commit it to a payment that will be a burden in the long term.\u00a0<\/span><\/p>\n