Business Finance Bulletin Episode 78: Sources of Business Finance, Success Rates, and Why You Want to Borrow
In the latest Business Finance Bulletin episode Business Loan Services’ Rob Warlow looks at a survey from Bibbys Financial Services which reveals the sources of finance that business owners are tapping into.
The SME Finance Monitor Report is quarterly survey on the state of the small business finance market and Rob continues his look at its findings. The question posed is how successful are business owners in getting a ‘yes’ from their bank? The answer may surprise you.
In terms of raising money from banks Rob also shares a conversation he had with a business owner on why asking your bank for too little can work against you.
And in the Business Finance Tip of the Week a clip from an interview in which Rob discusses why it’s important to know that banks are keen to understand exactly why you want to borrow and how the finance you are requesting will be used.
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