Abstract

One of the potential hurdles to overcome in becoming an owner in a veterinary practice can be securing a business loan. This presentation will discuss the factors involved with gaining an approval for a business loan, starting with understanding the lender’s perspective and concerns, and then exploring how you can improve your chances for success. Successfully navigat­ing this process can be viewed as a 3-legged stool with each leg required for the success of the overall process. The legs of the stool include bank factors, borrower factors and business fac­tors. Each factor is explored in this presentation.

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