02/19/12

The Pain of Getting Business Loans — Entrepreneur Addiction #25

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The Pain of Getting Business Loans -- Entrepreneur Addiction #25

For many business owners, finding and securing business financing is a necessary, yet major, pain. With all the paperwork, terms, details, time-to-funding, and low chances for approval, sometimes the whole process can seem much more work than it’s worth.

In this episode, the co-founders of Lendio (Levi King and Brock Blake) talk about their own difficult experiences in raising capital for their businesses, and how that led them to create Lendio. Throughout, Levi and Brock offer some great tips for business owners trying to land business loans.

Enjoy the conversation:

Highlights of ‘The Pain of Getting Business Loans’

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Comments

  1. Looking for funds

  2. Looking for funding and willing to give up 10% of company capital plus pay back loan.
    My business plan calls for 40 offices/ small shop warehouses in 5 years then nation wide.
    Oh we are mobile mechanics with our specialty commercial vehicles. But we work on everything.

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