The US Department of the Treasury has invested more than $3.9 billion in community banks across 47 states and the District of Columbia as part of the Small Business Lending Fund. Banks evaluate loan applicants by examining multiple factors related to repayment ability. Banks are not in the business of handing out money to everyone who asks. Understanding what lenders seek and adequate preparation can determine whether you secure needed funds or pursue alternative sources.
The first step we take is to make sure we understand your business and what you are trying to achieve.