Bank financing marks the beginning of a whole new chapter for each startup. The idea may seem a bit daunting at first considering many small businesses need two to three years before they begin seeing profits. Why would any bank consider lending money in this situation? Banks will look at every document discussed in shows 1-8 to determine if assets producing revenue get a loan. Today Joe and Jack discuss banking and lines of credit around guarantors and guarantees. Specific topics include:
- 3 typical line of credit scenarios for growth companies
- Are loans given based on proven sales or is it case by case?
- Early stage development, litigation and other areas ComputerLaw Group can help
- Investor/bank and investor/entrepreneur relations
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