To continue the celebration of the first 25-post milestone, here is a list of the top posts for the business borrower.
In an early post I compared the marriage relationship to the borrowing relationship with some keys for creating and maintaining a successful borrowing relationship with your bank.
I discussed how some business borrowers pursue financial rabbit trails by following seductive advertising from lenders. Stick to your business and personal borrowing strategy to avoid path integration. It’s how animals find their way in the woods without a GPS.
I gave my opinion of the future of borrowing. Business borrowers can match their predictions with mine and leave a comment about who is right or wrong.
I argued for the benefits of hiring a business borrowing coach to help create a borrowing strategy, evaluate the businesses’ capacity to borrow money and develop a plan to repay the loan.
Recently I posted about the biggest borrower mistakes. I discussed everything from having a questionable borrowing purpose to underestimating the bank’s reporting requirements.
If you are a business owner or manager, what did you find useful in these posts? What topics would you like to read? Please leave a comment with your suggestions.
- Report: Half of Small Businesses Denied Credit (inc.com)
- The 14th Banker: How Do We Judge the Homeowner? (huffingtonpost.com)
- Borrowing from friends, family? Put terms in writing (usatoday.com)
- How to Get the Financing You Need (ecopreneurist.com)