How Do Banks Assess The Creditworthiness of Your Business? скачать в хорошем качестве

How Do Banks Assess The Creditworthiness of Your Business?

Unlock the secrets behind how banks evaluate your business's creditworthiness in this essential Financial Acumen podcast episode. In this episode with Shawn Sackman, Commercial Banking Leader for Regions Bank, we discuss the process and key factors that banks consider with assessing the creditworthiness of your business and candidacy for debt financing. We explore a number of areas including financial metrics, credit history, business plans and collateral in support of credit applications. Shawn shares his tips on how to improve your business creditworthiness and how to better prepare for the credit assessment process. Chapters: 00:00- 1:20 Introduction 1:21-14:20 Bank Assessment Process 14:21-31:20 Asset based vs. Cash Flow 31:21- 44:00 Red Flags 44:01- 54:50 Bank Relationships 54:51- 1:03:00 Market factors 1:03:01-1:06:45 Bank Fees 1:06:45- 1:09:45 Technology impact 1:09:46- 1:13:30 Common Mistakes 1:13:31- 1:21:13 Parting Advice Connect with us on social media: Instagram:   / outram.richard   Facebook:   / richard.outram.39   Prepare4Growth Podcast: https://anchor.fm/richard-outram Financial Acumen Website: http://www.financialacumen.net/ Financial Acumen Podcast: https://anchor.fm/richard-outram6