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Small Business Survival Conversations
It is hard to run your business and keep up with new trends and resources to help you build a profitable company. Each Tuesday, join Anna Steinfest and Dr. Michael Troyer will share with you business tools, insights, and ideas. If you are a business owner or thinking about starting a new company or just want to hear some business advice this podcast is for you.
Small Business Survival Conversations
S2E38: 6 Questions Your Banker Will Ask
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Anna Steinfest
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Season 2
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Episode 38
Michael Troyer and Anna Steinfest will explain in detail the questions your banker will ask you when you apply for a loan.
Here are questions your banker will ask you:
1. What is your financial strength?
2. What will your project’s financial impact be?
3. What is your investment or collateral?
4. What’s your overall business plan?
5. What’s your personal financial situation?
6. Have you done your due diligence?