Business Loans Rejections Pt3 http://www.businesscreditamerica.com/

Business Loan Rejections




Hey guys, Houston here with Business Credit America, and I'm back with this last video on this three-part series of business loan rejection key points. And the last key point we're gonna be talking about when you're trying to borrow money from a banker or an investor is to never tell them you're planning on taking their money and paying off other creditors. And the reason you do not wanna tell them that you're taking their money to pay off other creditors, because you reinforce that you cannot manage money. You also let them know that you've over-extended yourself. And the last point of it is that, you may or may not be able to pay the loan back on time.
So those are the three things that bankers are listening to, when you tell them you're gonna take their money and you're gonna pay off other creditors. So be careful when trying to get investors involved, or just trying to borrow money. Going back over this, you never tell them that you wanna borrow the money for any type of business venture or real estate investment, because they look at you as if you're gambling with their money, okay? You never wanna tell them that you're trying to consolidate debt, because it's showing them that you over-extended yourself and that you don't know how to manage money, and that you never wanna tell them, and the last portion of this video is that you're trying to pay off creditors.

Because they look at it as you just reinforced that one: You don't know how to manage money. And number two: You extended yourself and number three: Is that you more than likely, will not pay them back or pay them back on time. So I hope this information is helpful to you in this three-part video series that's gonna help you put you on a better track to understanding how to get your business loan approved, or how to properly set yourself... Put yourself in a better position, so you can get approval for a business loan. Now, I do have another series of videos that I'm making, that's gonna introduce you, to how you're supposed to present yourself to banks, so they can understand why you need money for your business, and so they would be more than likely to help you get approved for that loan, than rejection for the key three points that we recently went over.

This is Houston with Business Credit America. I hope that you all get a chance to check out the website, businesscreditamerica.com. I hope the information is very helpful to you, and I hope it's something that you can implement... I hope the information is something you can implement in your business now. So please subscribe to the YouTube channel if you have not, also tweet us on Twitter, and like us on Facebook. Thanks guys.


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My [Business Loan] Rejections Pt1 http://www.businesscreditamerica.com/

Business Loan Rejections  !-888-883-3013



http://www.businesscreditamerica.com/ 1-888-883-3013

Hey guys, Houston here with Business Credit America and I wanna wish all of you a Happy New Year. I hope that you all had an amazing holiday season, and now it's the beginning of a new year; and with this year coming up, a lot of things are changing. The banks are gonna be loosening up on funding. So there's more opportunities. More real estate is gonna be coming on the market for those that are real estate investors. A lot of things are gonna start easing up for you to have the opportunity to grow your business and to get access to capital to help fund the business. So in this video, what I wanna do, I wanna talk about the three things that you do not want to ever share with your banker when you're trying to borrow money. Okay. And the first one we're talking about for business loan rejection key points.

And that first key point is, when you go to a bank and they ask you, "What do you wanna use the money for?" You do not wanna respond you wanna make use of the money for a business venture, or a real estate opportunity. The reason is, you sound like a gambler. Because you sound like you wanna take their money, and see if you have the opportunity to make profits, and then come back and pay them. You don't never sound like a gambler, when you're trying to borrow money. So never use these terms in explaining why you need money. And those terms are, you do not wanna say that you're looking into a business venture, or a real estate opportunity. This is just a poor way of communicating why you need money for your business or for your start-up. So this is Houston with Business Credit America. This is our first key point. We're talking about business loan rejection key points, and I hope that this is something that you can understand, and that you can work within your plan, as you move forward to get funding for your business. I really appreciate the support, and look forward to hearing from you. Thank you.

http://BusinessCreditAmerica.com