bank·a·ble: (P) bngk-bl

Function: adjective

Definition: in demand; acceptable to a bank; bankable funds.
Synonyms: sought after, commercial, fit, wanted, profitable.

 

Most traditional lending institutions consider businesses newer than three (3) years, and sometimes as long as five (5) years, to be un-bankable. As such, these companies are unable to obtain any or all of the funding that they require because:

They may lack a solid Business Plan.
They may lack adequate assets or financial security.
They may lack an established track record.
They may be borrowing too small an amount of money.
Banks may not want to do business with them (you).

Banks have no-risk policies, which leaves most home based, startup, and small-to-medium companies with little or no financing options.

At The Fidelis Agency, we have access to alternate financing options outside of banking...which makes you "bankable" to us!

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