Getting your bank to finance your next LPO/contract (Conclusion)
IN the past five weeks we had treated four things you have to put into consideration as a business owner and on which a bank will appraise you whenever you go for a short term loan to finance your LPO or contract. They include your credit worthiness; ability to execute the LPO/Contract; commitment of your money to the contract; and the ability and willingness of the issuer of the contract to pay at satisfactory conclusion of the contract.