Mastering Finance

Financing Evolution

Fintech

According to him, longevity and profitability are major determinants of companies suited to fintech solutions, i.e., young businesses are well-fitted for fintech solutions. Fintech solution also benefit companies that desire to turn around their finances but not as a matter of urgency.

Business Financing

How Business Financing Works

According to Keith, business owners must be exposed to various requirements of underwriters and credit analysts. They should also develop a deep understanding of their needs and disposition to distinguish between a good and bad business financing deal. This knowledge will ultimately help bring success in negotiations and exploring alternative routes.

Financial Mistakes

Another mistake is not keeping up with the historical cost of the business. Business owners must set a trajectory for the long term to be able to prove to financiers that their business is worth a long-term punt. Business owners must be conversant and updated with their finances to hold conversations with credit analysts. They must be able to prove through adequate knowledge and analysis that their business will maintain long-term profitability.

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Corey Kupfer

Corey Kupfer

37 Followers

Corey Kupfer is an expert strategist, negotiator and dealmaker with 30+ years of experience. He is also the creator and host of the DealQuest Podcast.