About the Course
Bank loans can either build your business or break it.
Too many entrepreneurs rush into bank loans without understanding what they’re really getting into.
As a result of their ignorance and poor planning, many business owners and entrepreneurs end up trapped by high loan repayments, wrong loan types, or damaging terms.
But when used wisely, bank loans can be a powerful fuel for supporting, growing, and expanding a business.
This course will teach you how to approach bank loans with the right mindset, strategy, and structure so you don’t just get approved, but you also get a loan that works for your business, not against it.
You will learn how to position your business before approaching a bank, evaluate loan options, avoid the common traps, and manage your loan wisely after disbursement.
If you have ever considered using a bank loan to support or grow your business, this course is your survival guide.
What will you learn?
In this course, you will learn:
The different types of bank loans available to businesses, and why choosing the wrong one is one of the most expensive mistakes you can make.
The key requirements and conditions that banks look for, and how to increase your chances of loan approval.
How to position your business for a loan long before you need one, so you qualify faster and secure better terms when the time comes.
How to evaluate whether a bank loan will help or harm your business, based on your cash flow, margins, and stage of growth.
The most important features of bank loans to understand—such as interest rates, tenor, collateral, fees, and hidden charges.
The common mistakes and traps that get business owners into loan trouble, and how to avoid repeating them.
The loan safety strategies successful businesses use to stay in control of their debt and avoid financial distress.
This course will help you make smarter, safer decisions about bank financing, and turn credit into a tool for success, not regret.
Who is this course for?
This course is valuable for:
- Entrepreneurs and business owners: Anyone considering a bank loan as a way to start, fund, or grow their business.
- Finance and operations managers: People who are responsible for raising funding, debt, and managing the financial performance of a business.
- Growth-stage businesses and startups: Companies that may need external financing to start up, grow, or expand, and want to prepare properly for it.
Course details
- Format: 6 pre-recorded lesson videos. Available to watch now on mobile, laptop, or desktop.
- Flexibility: Watch whenever you want, wherever you are. Learn at your own pace. No need to attend live classes.
- Length: 3 hours. Full and comprehensive course.
- Access: Members only. Only members of the BMG Academy can access this course and dozens of other courses by John-Paul Iwuoha. Click here to become a member.
- Q&A: Use the comments section below each lesson to ask questions, and get feedback and answers from John-Paul that are tailored to your situation.
- Price: See price here.
Click the button below to join the BMG Academy and take this course.
___________
About the BMG Academy
The BMG Academy is a platform by Activator HQ for entrepreneurs and business owners who want to learn, grow, and win in business.
With access to dozens of detailed business courses by John-Paul Iwuoha, our members learn how to start or grow a business, attract and keep customers, boost sales and profits, raise funds from investors and banks, outsmart their competitors, develop structure and systems, fix tough business problems, and exploit market opportunities.
){kind=link}