Ep 06: Getting A Loan Without The Headache - Blaine Hendrickson
What should small business owners think about when applying for a loan? Roughly 80 percent of businesses fail in the first five years and many of those left over fail in the next 20! What separates businesses that fail from those that succeed? Oftentimes it is the assets they are able to acquire either through acquiring loans or creating new customers.
On this episode of “No Bull Business and Brews”, Steve and Jason sit down with Blaine Hendrickson. Although Blaine never thought he’d end up working as a banker, he’s found passion in helping entrepreneurs find the money they need to start empires.
It’s hard for business owners to get a loan purely off of ideas. On this episode, Blaine breaks down why it’s important for entrepreneurs to show HOW they can pay back their lenders and build powerful relationships over time. At the end of the day, it is all about building a network and adding value to your partnerships.
What You’ll Learn:
Favorite Quote:
“I've never given a loan out without going out and looking at the operation, to see how they take care of their fields… look at the equipment.” —Blaine Hendrickson
Connect With Blaine:
Follow Blaine on social media.
How To Get Involved:
Jason on Instagram
Steve on Instagram
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