In this edited excerpt, the authors describe what primary research is and how you can use it to judge
the viability of your business idea.
Borrowers must show their creditworthiness and
viability of their business idea to qualify.
The main purpose of writing a business plan when you're starting a business is to test
the viability of your business idea.
For example, qualifying for a Community Advantage loan is based on the borrower's creditworthiness and
the viability of the business idea and is not limited by the amount of collateral or revenue a business has.
To qualify, you must prove your creditworthiness and
the viability of your business idea (the size of your business's collateral and balance sheet are not significant considerations).
Not exact matches
We'll roll up our sleeves and dig deep into your
business (and your psyche) to explore existing barriers, establish a plan to test the
viability of new
ideas, and set expectations and desired milestones.
You'll also need a solid
business plan showing the
viability of your
idea and a good to excellent credit score to be eligible to receive funding.
You'll also need a solid
business plan showing the
viability of your
idea and a good to excellent credit score to be eligible to receive funding.