When the Credit Window is Open
As a business owner it is important to take advantage of open credit windows and acquire all the funding your business requires for the present in future..
- Lenders are competing for business
- Fewer borrowers
- Capital is plenty
- Cycle creates lackluster underwriting criteria
- Borrowers have all the power
When the Credit Window is Closing
If a business owner waits until a credit window is slammed shut to apply for financing, they will pay higher interest rates, receive lower loan amounts, or get their funding request denied all together.
- Unwise lending do to less underwriting restrictions
- High Defaults
- High Levels of loss to the lenders
- More borrowers
- Less lenders
- Lenders have all the power
What experts are saying about credit windows
In this 3 minute video, we shed some light on the single most important factor that determines the health of the economy, and more important, what you as a business owner can do to take advantage of it!
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