Featured Services
1. Create a business plan
Lenders like careful planners. Be sure to have a clear, detailed explanation of your business and its goals. Be ready to discuss your products or services, your industry, and the steps you are taking to build long-term success. Be prepared to outline the purpose of the loan, whether it’s to open a new business, finance an expansion, secure equipment, or start a new service line.
2. Prepare your financial statements
Lenders like careful planners. Be sure to have a clear, detailed explanation of your business and its goals. Be ready to discuss your products or services, your industry, and the steps you are taking to build long-term success. Be prepared to outline the purpose of the loan, whether it’s to open a new business, finance an expansion, secure equipment, or start a new service line.
Prepare your financial statements
Your lender will want to review your financial documents, too. Bring both personal and financial statements. The balance sheet will summarize assets, liabilities, and shareholder’s equity; and the profit and loss statement will show your financial results over a period of time (cash or accrual). And make sure you prepare projections for the business’s future revenue and expenses in order to demonstrate long-term stability.
Business term loans to meet one-time financing needs, such as renovating your facility or purchasing equipment
Business lines of credit to provide flexibility for short-term cash flow
Commercial mortgages to give your business room to grow
How to run successful loans meeting
Applying for a business loan or line of credit may be a crucial step in opening a business or growing your company. To ensure a successful relationship, your lender will request documents and ask questions about you, your business, and your goals.
Loan Against Property Realise your dreams through UB Housing Loan Against Property. Whether you are salaried or self-employed,UB Housing Loan Against Property helps you to realise the true value of your property to meet your business and personal needs.