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FINANCING

What Banks Review First When Evaluating A Business Loan Application

By The BIDaWIZ Team on May 18th, 2012 at 2:00 pm

Banks are still fairly risk averse when evaluating a small business loan application. Most loan officers will try to answer a few very basic questions before getting into all of the details. Can the borrower pay us back? Will they pay us back? Do they have sufficient collateral that we can obtain if they don't pay us back? The amount of cash the potential borrower has on their balance sheet will not sufficiently answer these questions. Find out what bankers review first on a loan application. .
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