How best to lure banks to invest in your business

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Stardom22

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I have got no idea of what exactly the Banks would be looking after in the busineses in question that would have requested the Banks to invest in their businesses.
 

Chibson

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if you start a fintech business then banks will be interested in investing. But apart
from that it will be difficult to convince them to invest.
 

Stardom22

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I think there are types of businesses that the banks would mostly like to invest in them. For instance businesses that are in the position to make huge profits throughout the year can be their great choice.
 

Stardom22

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I agree with you on that but it's always seems easily to be told than to be done. I am sure there are requirements the Businesses must meet for the Banks to accept that. Mostly those requirements would seem almost impossible to be met by the ordinary businesses we may know of.
 

Niyi Briggs

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The number one thing to do to gain the attention of banks is to have a solid business plan. With a good plan, they would always want to invest in your business.
 

Stardom22

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I think this thing is almost impossible to achieve. Banks are very selective when it comes to matters of investing their economical resources to the business. They are likely to invest in business that are subjected to do well in the industry.
 

Niyi Briggs

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With a strong business plan and a clear indication of the value that your business wants to offer, you can easily draw the attention of any financial institution to invest in your business.
 

cherry123

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You need to present documents and facts to help you achieve this. because if the banks does not believe in your project, it will be difficult and almost impossible to achieve this
 

Etini Willie

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Apart from submitting a well written business plan, you would have to present a well documented record of cash flow into and out of the business for the bank to see you as a serious business person worthy of being invested on.
 

cherry123

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But it is always best to find out the conditions of terms of the bank to be sure you are doing it right. The bank conditions must be favorable to your business
 

Desireu30b

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if you are looking to lure banks to invest in your business What are the things to do to confidently draw them in to invest in your business?

if you are looking to lure banks to invest in your business What are the things to do to confidently draw them in to invest in your business?
i think you don't lure them you only present an opportunity to them
 

Bisolami

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You need to make your business look attractive to them and the most important thing is to tell them what they will benefit if they sponsor you because that is the only way you can get money from them
 

Heatman

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if you are looking to lure banks to invest in your business What are the things to do to confidently draw them in to invest in your business?

It only depends on the project that you are into which would have to be something that will interest banks before they can be able to invest in it.
 

Niyi Briggs

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Banks don't just invest in businesses anyhow. They would have to do so much empirical analysis to be sure the business is viable. It is on the entrepreneur to prove the viability of his proposal to be able to attract a financial institution to invest
 

Stardom22

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I think luring the banks to invest in your business is not an easy thing. One must have a very robust and a good performing concrete business for the great minds to accept your offer.
 
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