Real Estate Money School
5 Reasons Why Banks Are Tightening Lending—And How to Prepare
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:22:29
- More information
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Synopsis
If you've been getting pushback on deals, or they’ve even been falling through, you're not alone. We’re seeing it firsthand: banks are tightening their lending practices, and it’s becoming harder to secure the financing needed to keep business moving. The ripple effect of banks not lending could be massive. For businesses that rely on funding to grow, close deals, or stay afloat, this is a major concern. Without access to capital, your ability to invest, expand, or even maintain your current operations could be severely impacted. Are you prepared to face a tighter lending market? How would it affect the ability to grow or secure new opportunities? What will business look like if access to traditional lending dries up even further? In this episode, I talk about the 5 reasons why banks are freezing up and not lending, what happened previously to get to this point and how to prepare for what’s to come. Things You’ll Learn In This Episode -The Great Recession The Great Recession exposed major flaws in