Mademetja: “bank statements and financial projections will essentially give an indication of whether the business will be able to repay the funding that will be provided. Cash flow projections are forward looking and we all know that we cannot predict the future with 100% certainty so funders will assess the reasonability of the projections and the assumptions made (inflation, growth, price increases etc). Sipho: “Oh I see, so what about security, what is the bank talking about?”
Gamer: tell me, what is a funder referring to when they say they require security?
Empower yourself, grow your business!
Recent Comments