What is on-lending and how does it work?
While there are several ways to finance a lending business, on-lending remains one of the most underutilized methods, likely due to a lack of information.
Why using bank statements is important for loan decisions
Bank statements have proven to be a solid tool for assessing a borrower’s capacity to take a loan. Sometimes, it may even be a means of assessing their character as well (Interesting right? Stay tuned).
What really happens when a business defaults on a loan?
Defaulting on a loan is a stressful milestone for any business owner, but understanding the timeline can help you navigate the fallout.