Venture Financing

Debt vs. Equity

  

Relationship Banking

Build personal relationships to obtain a business loan

  

By: Venture Planning Associates

  

 

Relationship banking means finding an individual within the bank that wants to grow with your business and can offer advice and consultation.

The entrepreneur should contact the business or loan offices of the bank, then find the individual with a good depth of experience who is willing to work with the business on a daily basis. This person should also be someone who is knowledgeable concerning all aspects effecting businesses..

  

Ideas for Funding Your Startup Business

Dealing with Banks

Steps to Open a Business Bank Account

Forms of Loans

  

 
 

Here are some suggestions:

After preparing your documents (business plan), do not send them in the mail to your banker. Make a personal appointment with the bank instead.

Sit down with the banker and walk through your business plan. Bankers evaluate not only the documentation, but also the person(s) behind it.

 

 
 

Give the banker an opportunity to get to know you. The better the banker understands your business, the better equipped he/she is to respond favorably to your loan request.

 

Executive Summary

Startup Founding Team

  

 
 
 

Real Ways To Finance Your Startup

What Does the Bank Look for in Making a Decision

4Cs of Lending

Establish a Good Credit Rating 

Documentation Required to Process a Commercial Loan

After the Loan: Maintain Good Communication with the Bank