Need funding to start or grow your business in Tennessee? We can help! Here are 5 steps to apply for a business loan through Pathway Lending: 1. Submit your pre-application using our online form This provides our team with information about your business and your capital needs so we can find the right funding for
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The 5 C’s of Credit
What do lenders consider when they review loan applications from business owners, startups, and entrepreneurs? Most financial institutions follow a common set of criteria when assessing a loan request, often referred to as “the 5 C’s of credit.” What are the 5 C’s of credit, you ask? The five C’s of credit are: 1. Character,
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Understanding & Fixing Your Credit Score
Among the five ‘C’s of small business lending, your Credit Score is one you can’t afford to ignore Despite other contributing factors in determining your creditworthiness, every lender wants to know your credit score; it’s at the top of their list. Let’s take a few minutes to understand what makes up a credit score –
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Am I ready to apply for a business loan?
The better prepared you are, the greater the likelihood of being approved. Preparation includes understanding what lenders, like Pathway Lending, need to approve your request. Don’t be discouraged if you’re not a cookie-cutter business. Pathway Lending makes loans for a variety of purposes – starting from $5,000 – so we’ve seen all types of loan
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