Simplifying Small Business Loans [Video: Part 2 of 2]

05 Jul 2016

David Haber

David Haber is cofounder and CEO of Bond Street, which aims to transform small business lending through technology, data and design. David was most recently an investor at Spark Capital, where he focused on marketplace and financial services investments. Prior, David cofounded Locus Analytics, a startup asset management business. David graduated from Harvard University.

We’re back for the second part of our collaboration with StartupNation. My name is David Haber and I am the co-founder and CEO of Bond Street, a company that provides small business loans. So far, you’ve learned what to use a small business loan for, the difference between debt and equity financing and the basics of a term loan. You’ve also hopefully been able to get a firmer grasp on whether your business is ready to apply for a loan.

Now, it’s time to get down to the actual application process.

In this installment, I will cover:

  • How to prepare for a small business loan
  • How to apply for a small business loan online
  • How to understand your loan offer
  • Common questions
  • How to build financial hygiene to set your business up for future success
  • Examples of how to model out the investment opportunity for your small business

Also on Simplifying Small Business Loans: Part 1 [Video]

What is your FICO score, and how do you find it? Does it impact your loan offer? Do you have your deposit history available? What are the keywords to pay attention to when you receive your loan offer? What is the difference between the interest rate and APR?

All of these questions and more will be answered in the following videos. Even if your business is not ready quite yet for growth, this series will prove helpful for when the time is right. It will alert you to key considerations that could significantly impact your business — financially, and beyond.

Small business loans video series part 2

Related Posts

Video marketing
Q&A with Video Marketing Expert Lou Bortone
Small business grants
7 Small Business Grants for Entrepreneurs
Facebook YouTube
YouTube (and Facebook) for Your Business: It’s Time to Get Your Video Groove On [Radio]