Being a successful entrepreneur is not about flying with great ideas. If you don't have the financial ballast to anchor them, your dream venture will probably remain on the drawing board. Here's the good news: Bank financing to small and medium enterprises is on the upswing. And, according to the Reserve Bank of India, the credit flow to SMEs from scheduled commercial banks more than doubled between March 2008 and March 2011, from Rs 2.14 lakh crore to Rs 4.79 lakh crore. Better still, banks have been asked to add 20 per cent to this number every year.
To read the full, original article click on this link: 7 things a banker looks for in your loan application
