Lenders Want to Finance Good Business Plans
Developed by Experienced People with Good Credit

When it comes to finding the money you need to finance your expansion plans, it doesn’t matter whether you’re adding another operating room to your existing facility or building a new surgery center from the ground up. You still have to prove to yourself, your investors, your board and your lender that what you want to do makes sense and will make money in a timely fashion.

With respect to debt financing, in spite of recent changes in the market, the rules remain essentially the same for all lenders — they want to finance good business plans developed by experienced people with good credit. They may be looking for additional equity or higher level of personal and/or corporate guaranties, and they might even be charging higher interest rates, but they are still looking for the same things they always did. Lending is about people and that’s what still counts. However, the market has recently changed and you need to know how to effectively maneuver through the maze (or minefield) of lending sources.

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