Securing a loan requires careful preparation and consideration and TrustWave is committed to simplifying the process. Whether you're planning to fund the next batch of stock or growing your business, obtaining a loan can provide the necessary financial support.
To increase your chances of getting a loan from TrustWave, it's essential to present yourself as a reliable and creditworthy borrower. Below, see three smart strategies that can enhance your likelihood of obtaining a loan from TrustWave.
1. Record all your orders on TrustWave
Order history helps you keep track of the health of your business and understand the best selling products and most loyal customers. It also helps TrustWave understand the profile of a business to tailor a repayment plan.
2. Process payments for online orders with TrustWave
The TrustWave payment processor allows you to create a professional check-out experience for your customers with auto-generated receipts and invoices. It also allows TrustWave auditors to evaluate the business without having to request for records to secure a loan.
3. Process payments of at least Ksh. 2,000 weekly
Frequent usage of the TrustWave payment processor improves the business' credibility and gives TrustWave a way to evaluate the loans that a business can qualify for.
With a solid financial foundation, you can increase your appeal to lenders and achieve your financial goals. By implementing the strategies outlined above, you can significantly improve your chances of obtaining a loan from TrustWave.