Making Your Business More Attractive To Lenders - New eBook Explains How
A small commercial lender released a free eBook with three secrets on how to get lenders to chase business owners, for the small business owners to get financing easily and grow or sustain their businesses.
- (1888PressRelease) September 03, 2015 - 3 Secrets to Getting Lenders to Chase You, written by Jenn Mathis of One Degree Capital, provides valuable insights on how business owners can make their businesses more attractive to lenders. The eBook, which launches today, is free and available for download at the company's website, www.OneDegreeCapital.com.
"Our eBook educates business owners in a format that is easy to read and understand," explains Jenn Mathis, Founder and Vice President of One Degree Capital and author of the eBook. "Business owners often face an uphill battle when applying for financing. Our goal with this eBook is to help make that process much easier."
According to the latest research by Biz2Credit, Small business owners face significant challenges when applying for a loan. Large institutional banks approve just 21% of the business credit applications they receive, and these loans are generally reserved for large amounts (average loan is $2 million) to the largest of "small" businesses as defined by the Small Business Administration. For nano or micro sized businesses (often referred to as "mom and pop" or "owner-operator" businesses), the chances of securing a loan are significantly reduced, making it even more critical for owners to make their business as attractive as possible to lenders.
Rod Loges, One Degree Capital's Founder and President, is himself an entrepreneur having built and sold two successful companies prior to teaming up with Jenn to start One Degree Capital. "When I started my first tech company it was extremely difficult to obtain a $50,000 loan from a traditional bank," explains Rod. "In fact it was so difficult it helped plant the seed for the idea behind One Degree Capital. By understanding the best ways to impress lenders, business owners can be better prepared when applying for a loan - whether they apply through companies like One Degree Capital or anywhere else."
3 Secrets to Getting Lenders to Chase You is now available for download at 3Secrets.onedegreecapital.com. For more information, contact 1.855.579.6868.
About One Degree Capital
One Degree Capital, a privately funded lender, helps business owners navigate the "Capital Desert" that exists for nano and micro businesses needing capital to grow their business. One Degree Capital specializes in providing business loans to Significant Business Owners™ nationwide, believing there is nothing "small" about any sized business. Established in 2010, One Degree Capital has provided over $20 million to Significant Business Owners™ utilizing funds from private investors rather than banks. Many of One Degree Capital investors are themselves business owners and entrepreneurs. Learn more at www.OneDegreeCapital.com.
Media Contact:
Stephanie Patterson
1.703.579.6868
media ( @ ) onedegreecapital dot com
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