Pre-qualify before you apply for your Bowling lane loan. Our free business capital search engine will allow you to see the funding programs and lenders that are available to you and then you choose those you wish to apply for.
Easy Secure the Loan
Securing a loan makes the loan less expensive because it reduces the risk profile to the lender. When you are using a bank or lender, that institution may feel the bowling lane is not a valuable enough asset to serve as collateral. They may also estimate the value much lower than the sticker price. You can overcome this by securing the loan with the manufacturer, who has already estimated the value of the alley at the market price. The manufacturer will accept this option in most cases because they will have an easier time reselling the product in case of default on the loan.
Credit is the lifeblood of your business, especially for small or new startup companies. BusinessFinance.com assists entrepreneurs to get started purchasing equipment, building your inventory and expanding your business.
Some important items to know to finance your are:
- How much money do you really need?
- Do you know your exact FICO scores?
- How do you plan to repay the loan?
- Who is going to borrow the money? You personally or another legal entity?
- What assets can you pledge to secure your loan?
Make sure you know you are pre-qualified before you apply.