FINANCIAL & CREDIT ASSESSMENT REPORT

Many SMEs have tried applying directly to the banks, got rejected and not been informed of the reasons why. SMEs want greater clarity on how to qualify better but due to banking confidentiality, confidential credit and qualifying criteria are not revealed.

These are some reasons why applications get rejected:

·       Sales turnover
·       Age of business
·       Avoidant industries
·       Local shareholding %
·       Weak bank balances
·       Credit Bureau issues
·       High Debt Servicing ratio

By assessing the relevant documentation and information, Finaqe will provide a tailored financial and credit assessment report for SMEs who require clarity and actionable steps to address prior to the next application to boost qualifying chances and successfully obtain financing. 

As a special bonus, we will provide our book "The Capital Connection" complimentary together with the report. This comprehensive guide was written to help simplify capital financing. The topics that it covers range from the various financing options available for SMEs, which option will help them grow and scale faster, and what are the best practices to secure capital.