.Uncompleted loan proposal
.Unrealistic expense forecasts
.Lack of adequate collateral
.Underestimated capital requirements
.Applying at too many lenders at the same time
.Little or no business experience
.Overstated revenue/sales projections
.Cash flow projections that don't support repayment
.Keep arguing with the lender representative
.Poor dress or presentation
.Poor communication skills
.Can't support documentation figures
.Trying to enter a dying industry
.Unable to explain use of capital
Wednesday, July 21, 2010
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment