How to defy all odds and secure a bank loan
Keywords:financing, lending, banks, loan, ownership
One of the potential hurdles to overcome in becoming an owner in a veterinary practice can be securing a business loan. This presentation will discuss the factors involved with gaining an approval for a business loan, starting with understanding the lender’s perspective and concerns, and then exploring how you can improve your chances for success. Successfully navigating this process can be viewed as a 3-legged stool with each leg required for the success of the overall process. The legs of the stool include bank factors, borrower factors and business factors. Each factor is explored in this presentation.