Banks weigh more than numbers when they review a loan application. They study a company’s resilience, its ability to absorb shocks and its grasp of the risks around its operations. A strong profit line may impress, but gaps in protection can still make a lender hesitate. For a small or mid-sized firm, that hesitation can mean delays, tougher terms or an outright rejection. Loan officers often ask for proof of insurance, but they also read between the lines. They want to see evidence that management understands what its cover does…
Read MoreThe One Move That Makes Banks Say Yes Work With an Insurance Adviser
