Although the amount of financing issued by swedbank to small companies in the first quarter of this year is 40% higher than in the same period last year, some india phone number list companies have unfortunately also had to reject applications for financing. The reason for refusal is often obvious shortcomings in financial matters, which must be significantly eliminated not only for receiving financing, but also for the further existence and development of the company. In order to india phone number list assess the company's ability to receive financing, the bank looks at both the company's current operations and the available own financing for further development.
Based on the financial indicators of previous years and sometimes quarters, the company's performance is assessed in the past. The analysis of financial statements most often shows the company's current financial health and india phone number list organization. In turn, a sustainable increase in turnover is a sign of a financially healthy company, which will also ensure the receipt of bank financing. However, in situations where the current turnover is insufficient, the company has the opportunity to present a project that plans to increase it in the future. We only make our decision to provide financing once we have carefully considered all the aspects that confirm that in the current situation, it would be prudent for the company to borrow and it would not pose high risks.

How much of your company's assets, such as property, plant, machinery or working capital, are financed by you and not by creditors? In order to receive financing, positive equity and retained earnings of previous years are required, which shows the company's willingness to india phone number list risk with its own funds, thus ensuring the bank's further fulfillment of obligations. It is also necessary that you have sufficient financial resources to repay any india phone number list additional liabilities. Profitability - your company's ability to make a profit is one of the most important indicators of a company's competitiveness, market potential, and ability to finance the bank.