1. Dan Hennen | VP Business Development – VisionBank
2. Combination of credit history, reputation and
experience within the industry, professional
background, length of bank relationships, and
credentials. BUSINESS ACUMEN
3. Ability for the borrower to repay a loan(s) by
comparing net income against recurring debts.
4. Personal and corporate net worth, equity
invested in the business and the ability to access
other financial reserves
5. Assurance and protection for repayment.
Includes accounts receivable, inventory,
equipment, personal residence, and commercial
real estate.
Timely Liquidation Value
and Cost
6. Terms of loan – amount, interest rate, use of loan
proceeds, financial environment of loan.
