Applying for finance or a business loan can be a complicated process, especially when it comes to knowing what the bank’s looking for.

The more information you can supply around you and your business- the better, is the rule when it comes to business loans.

Get it right the first time with four key things.

A business plan

1. What do you supply?
2. What’s your potential?
3. Where do you sit in the market?
4. How well do you understand the market?

Cash flow projections

1. How much cash is coming in?
2. How much cash do you need to run the business? (Pay wages, etc.)

Details of your security

1. Documents that show ownership of assets, such as residential premises.
2. Any other assets, including stocks and shares.

Statement of position

1. What do you own?
2. What do you still owe?
3. What’s the net difference?

Do you need to talk to an expert?

We know business bankers who are ready to assist you right now.

Contact us @ propertyloans@realrenta.com and you will receive a call soon.