(News-Times) Business plan, honesty called keys to winning small-business loan

2018-01-10T16:06:58+00:00November 7th, 2016|Press|0 Comments

DANBURY — Hoping to land a small-business loan?

Have a solid, bulletproof business plan in hand when you approach a lender. Don’t lie about or hide any financial issues. Be involved with your business. Beware of Internet lenders.

Those actions were among the recommendations of panelists at the “Access to Capital for Small Business” event held last week at White Hall on the campus of Western Connecticut State University. The event featured two discussions: one on traditional sources of capital, such as banks, and another on nontraditional sources, such as state or nonprofit agencies…

Read the rest of the story at News-Times.com

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