Augusta
VIP Contributor
One of the avenues you can easily get money to start your business is from the bank. The banks are always willing to loan out their depositor’s money for some interest over a period of time. But they are always rules in place that a customer must have to be up to par with. So if you are seeking to get money from your bank. You need to know the below rules and carry them out
Be the bank customer for a period
Banks easily give your customers loans, especially the long standing customers. So you need to open an account with the bank you intend to get a loan from. You should maintain your account for at least 6 months
Be no debtor
If you have borrowed money before, try to pay up and on time to show your credibility
Have the right documents
The bank will need some documents, get these documents handy to present when requested
Be the bank customer for a period
Banks easily give your customers loans, especially the long standing customers. So you need to open an account with the bank you intend to get a loan from. You should maintain your account for at least 6 months
Be no debtor
If you have borrowed money before, try to pay up and on time to show your credibility
Have the right documents
The bank will need some documents, get these documents handy to present when requested