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To get approval for your small business loan application, you must be able to meet the lending criteria set down. Some organisations are more risk averse than others, and will therefore have more stringent criteria. To vastly increase your chances of a successful funding application, you will need to present the following information:
1. The reason for the loan. The lender will be looking for something that fits within the normal range and expertise of your business. The amount may cover a number of items, so you will need to cover each.
2. The amount required, and the repayment
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Current "
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Sacyr Debt Pressure Remains Amid Sale of Itinere to Citi Fund (Bloomberg)
Dec. 1 (Bloomberg) -- Sacyr Vallehermoso SA agreed to sell Itinere Infraestructuras SA to a Citigroup Inc. fund in a deal valued at 7.9 billion euros ( billion), cutting the Spanish construction company’s debt by almost one quarter.
Mon, 01 Dec 2008 15:59:36 GMT
U.S. Stocks Drop, Ending 5-Day Rally; GE, JPMorgan Shares Fall (Bloomberg)
Dec. 1 (Bloomberg) -- U.S. stocks declined, halting a five- day advance, on growing concern the global economic slump is deepening and consumers’ access to credit is shrinking.
Mon, 01 Dec 2008 16:35:00 GMT
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