a) Gathering data and documents alone is a time-consuming task especially if the SMEs haven’t organized or updated your files regularly.
b) Bizsquare has an internal credit process to filter possible rejected cases. Followed by advising them the right way to build their profile before submitting to the relevant banks or FI. This is very important as a rejected case will cause the company unable to apply from the same bank/funder for the next 6 months to 12 months.
c) You might not be sure also out of the many banks and financial institutions which has the lowest rates and deal. Bizsquare will compare and make the decision together with you.
d) Nowadays bank requests for business plan too. Making a good business plan, including realistic projections, eat up valuable time. Bizsquare can help you with your business plan.
e) Presenting the company to banks in a way that gives them the highest chance of approval is also a form of Art.
f) Business owners also need to answer questions from the banker. Most business owners crumbled upon and unable to answer due to miscommunication with their accountant. We help you facilitate the whole process.
g) In the event of a rejection, we will share with you the reasons ( you will not be able to know if you apply yourself). We then help to ‘rebuild’ your profile together with you through advice to manage your cashflow.