Quotessence
Home / Books / Capital Acquisition: Small Business Considerations for How to Get Financing

Capital Acquisition: Small Business Considerations for How to Get Financing

Book by Hendrith Vanlon Smith Jr · 4 quotes · Lending, Business Loans, Hendrith Smith

Filter quotes by topic

Capital Acquisition: Small Business Considerations for How to Get Financing Quotes

“A persons trustworthiness in one area of life may not necessarily transfer over to their trustworthiness as a borrower. And a business that can be trusted to do the right thing for its customers may not necessarily be a business that can be trusted to do the right thing for its creditors.”

“Every business needs capital. Whether we’re talking about a barbershop or a bank, a boutique e-commerce store or a hotdog stand. Whether we’re talking about a restaurant or a clothing store, a giant like Walmart, or the local bodega that’s owned by a local family. They all need capital.”

“The more trustworthy a borrower is, the greater the likelihood that they will return the money lent to them back to the lender with interest. This is why lenders of every kind and size, place a high priority on the character of potential borrowers – it is one of the five key determining factors as to the likelihood of the lender receiving their money back with interest.”