Balance-to-Repayment Ratios: What Brokers Should Review
For business loan brokers: This guide explains Balance-to-Repayment Ratios: What Brokers Should Review through the lens of evaluating a clientβs situation, preparing the file, and discussing financing options clearly. When the client refinance a loan, the “balance to repayment” refers to the amount of money that the client still owe on the loan that the […]
Asset Value Assessments: A Guide for Business Loan Brokers
For business loan brokers: This guide explains Asset Value Assessments: A Guide for Business Loan Brokers through the lens of evaluating a clientβs situation, preparing the file, and discussing financing options clearly. An asset value assessment is a professional evaluation of the value of an asset. This can be a physical asset, such as real […]
Balance Sheets: What Business Loan Brokers Need to Know
For business loan brokers: This guide explains Balance Sheets: What Business Loan Brokers Need to Know through the lens of evaluating a clientβs situation, preparing the file, and discussing financing options clearly. A balance sheet is a financial statement that reports a company’s assets, liabilities, and equity at a specific point in time. It is […]
Accounts Receivable Reports: What Brokers Should Review
For business loan brokers: This guide explains Accounts Receivable Reports: What Brokers Should Review through the lens of evaluating a clientβs situation, preparing the file, and discussing financing options clearly. An aged accounts receivable (AR) report is a financial document that lists all of the unpaid invoices or amounts that a business is owed by […]
Application Forms: What Business Loan Brokers Need to Know
For business loan brokers: This guide explains Application Forms: What Business Loan Brokers Need to Know through the lens of evaluating a clientβs situation, preparing the file, and discussing financing options clearly. An application form is a document that an individual or business fills out in order to request a product or service from a […]