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How do you convince a bank to give you a loan!
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[QUOTE="btaliat, post: 206903, member: 26390"] There are many factors that banks always consider before giving out loans to the applicants. There is need to check whether the applicant is a good customer to their banks. They check his past record to confirm whether he has s good credit score. For an intending business owner, they may likely to see the feasibility study of his intending business. They may want to comfrim the viability of the business before giving out loan. There is need to consider the financial record of an existing business to know the strength of the business financially before securing loan. Collateral also plays an important role when it comes to convinction of banks for loans. [/QUOTE]
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How do you convince a bank to give you a loan!
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