Tarp Funding/Business Loans and Your Business
As Reported by the Wall Street Journal

Tarp Funding/Business Loans and Your Business As Reported by the Wall Street Journal “Bankers, on the other hand, say creditworthy borrowers are hard to come by”, reported WSJ. DocQments, LLC, a local business that has been assisting small businesses for over 5 years, contacted some of the top lenders to gain a better understating of how banks defined creditworthiness. Ann D. Gray, the owner of DocQments, LLC wanted to determine whether a borrowers’ inability to close loans, was strictly, credit related. The response was a resounding “No”, according to 80% of the lending institutions surveyed. They indicated that most businesses are, “not properly structured”. Lending institutions elaborated on what they defined as properly structured. Proper structure includes a wide range of concerns including legal entities, not having the proper Paydex, and appropriate business lines.

Small businesses, this is the number one cause why loans are not closing. Small businesses are not properly structured as it relates to ratings with entities such as D&B, Experian, etc.

Banks are in the business to loan, however, you must show proof of credit worthiness. Other considerations are just not enough, in this tough lending market.

We have surrounded ourselves with experts in this field, and are positioned to provide you with a complete circle of care regarding business development

Contact DocQments, LLC today for a confidential consultation. We can help, if you are willing to invest in yourself.
For More Information, contact the DocQments LLC at: (706)-882-2464