Factors That Banks Consider When Reviewing Loan Applications
Factors That Banks Consider When Reviewing Loan ApplicationsIn this segment of a business plan seminar held at Loyola University, New Orleans, business professor Brenda Joyner responds to a student’s question about how to approach a bank for a loan, listing the major factors that banks take into account, and also talking about what types of businesses—including certain types of music ventures—tend to be too risky for most banks.