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10-02-2014, 11:05 AM #1
- Join Date
- Mar 2014
- Location
- Ann Arbor, Michigan
- Posts
- 1,289
Why do so many applicants fail the liquidity test in traditional borrowing?
I have received a substantial number of leads for traditional loans to either replace MCA's, provide much better rates and terms or to provide capital to companies whose needs are longer term. Many have failed at the initial Liquidity Test. If you wish to understand the basic criteria, and more successfully provide these programs, please follow the FICO link below.
http://www.fico.com/en/wp-content/se...ine_1201PS.pdf
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