business loan Archives - Landmark CPAs

How to Get a Startup Business Loan

Posted on October 15, 2024 by Rachael McGrew

Talk to your CPA first Before applying for a startup business loan, the smartest move is to talk first with your business CPA. (No, we’re not just saying that because we are CPAs!) As with any debt you take on, there are risks involved, and it’s important to understand how a startup business loan will

Could your Next Business Loan get “Ratio’d”?

Posted on March 30, 2018 by Andrew Litchford

As you look for a loan, try to find out how each bank will evaluate your default probability. Many do so using spreadsheets that track multiple financial ratios. When one of these key ratios goes askew, a red flag goes up on their end — and the loan may be denied.