How to Get a Small Business Loan: A Banker Shows You Exactly What to Do to Get a Loan (Small Business Series , No 1)

Rating:
Summary: Straightforward explanation of the commercial loan process
Review: As a commercial lender myself, I find myself recommending this book both to prospective borrowers as well as to some branch managers who may be rusty on the Small Business Lending process.

This book gives easy to understand explanations and rationales behind some of the confusing things banks ask their borrowers to do. It gives simple examples and descriptions that help me interpret the process to my customers.

Even after many years of lending money to companies, I find myself reaching for it to remind me of little details I have forgotten. It is well-written and very useful.

I would suggest the author update to include credit scoring issues which are now common in the Small Business Banking arena.