Getting Ready for a Loan

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Be Prepared for these Questions

Be Prepared for these Questions

Keep this information ready before you start filling your application:

  1. Why do you need this Loan?
  2. How will you utilize the Loan, once it is disbursed to you?
  3. Which assets will you be acquiring? Who are the suppliers? Proforma invoices with details on assets will be of great help.
  4. What are your liabilities? Who do you owe money to? Be ready with full details
  5. What is the composition of your management team? What are their backgrounds? What experience and business strengths they bring to the table?