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Get Financing Now: How to Navigate Through Bankers, Investors, and Alternative Sources for the Capital Your Business Needs
book

Get Financing Now: How to Navigate Through Bankers, Investors, and Alternative Sources for the Capital Your Business Needs

by Charles Green
January 2012
Beginner content levelBeginner
320 pages
8h 59m
English
McGraw-Hill
Content preview from Get Financing Now: How to Navigate Through Bankers, Investors, and Alternative Sources for the Capital Your Business Needs

7OWNER DETAILS

Lenders will require personal information about all persons who own an interest in the business and about those who may be prepared to guarantee the loan (in this chapter, both referred to as the “owner.” The personal information is needed for the lender to assess these people’s eligibility as participants in the business as per the lender’s credit policy and to evaluate their contributions to the business and credit.

The information covers a broad range of facts relevant to borrowing ability as well as a confirmation of identity and background. Certain disclosures could result in further consultation by the lender concerning specific events or records. The information required includes:

Full owner name(s). As simple as it may ...

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Publisher Resources

ISBN: 9780071780315