Loan Applications: 4 Things to Never Tell your Banker (by guest blogger Rob Severson)
In my 40-year career I have met with 100’s of business people seeking loans. It is the fun part of what I do. But I’ve also seen some common mistakes that entrepreneurs make, particularly when talking to a banker.
Sometimes I think bankers speak a different language than entrepreneurs. Be very careful that what you say is what you want the banker to hear! For example, here are 4 of the most commonly misinterpreted phrases that will kill your loan application.
