See If Fashion Designer Gets Funding For His Business
Does Daniel’s Bank Have Enough Information To Approve His Small Business Loan?
Daniel is living his dream in New York City and working in a fashion design shop that he started after a successful 5-year stint at one of the big houses. He learned a lot there, but felt he didn’t have the creative freedom to follow his own instincts and had to conform to someone else’s vision. Going out on his own was a big risk, but he has a small number of loyal followers who are bringing him business and helping to spread the word about his new venture, DYD (Daniel Yang Design).
Daniel has never owned a business before, so he doesn’t have any business credit. He’s sharing an office with two other small businesses. He’s relying on his personal credit and a home equity loan to keep him afloat, but he needs to open a line of credit to get the materials he needs to continue developing his new clothing line. He dreams of becoming a household name if he can just get through these lean times. Get the big picture view of your small business applicants.