Finding an adviser can sometimes be difficult. While it may be helpful to seek recommendations from family, friends and business associates, you first need to determine what type of help you need for your loan application to decide what type of adviser you will use.
The benefits of using an adviser can include:
- Saving time on your loan application process
- Possibly improving the quality of the loan application (and hence the probability of success)
- They can provide advice on the most suitable type of finance for your business
You may want to also consider using a business adviser to help with strategy and planning across your business life cycle. Business advisers are usually experienced practitioners within your industry and can help you develop, refine and translate your business plan into one that will appeal to your lenders. Your state chamber of commerce is a good place to start.
Explore each of the videos to find out more about using an adviser.
Questions to ask your adviser
If you decide to use an adviser, download this checklist of questions you can ask to determine if the adviser is well suited to help with your loan application.