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SUCCEED, COVER FEATURE THE MANY WAYS TO ACCESS FINANCE

SUCCEED [Page 18-21]

COVER FEATURE THE MANY WAYS TO ACCESS FINANCE FROM YOUR BANK by lEnicon ran Rooven Becauseof the difficult financial times we find ourselves in, and the many challenges business owners face, banks have greatly modified their offerings to include non-financial support to the business owners they provide finance to. costs 1,Aavv.e6,* l}311o v‘vestv However, despite what you may be told, banks seek to minimise their risk as much as possible. In the end, your ability to provide collateral has a massive influence on the bank's decision to extend finance. In the current economic climate, money is still scarce and many markets are saturated. This is especially true of markets where the cost of entry is low.

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