Guide
Preparing for a business loan
Lenders want one thing answered: can this business repay? The more clearly your records answer it, the better your chances — and the less you rely on collateral you may not have.
What lenders look at
- How much the business sells, and how steady those sales are month to month
- How long the business has been trading
- What the money is for, and how it will earn its repayments
- Existing debts and repayments
- Whether the records are consistent and believable
Why sales records matter
Many small businesses trade well but have nothing on paper to prove it. Sales recorded through a till — by day, by product and by payment method — are much stronger evidence than a notebook or a bank statement that only shows part of the takings.
Choosing the amount and term
Borrow for a specific purpose and work out how the repayment will be covered from the extra sales or savings it brings. A longer term lowers each repayment but usually costs more overall; pick the shortest term your cash flow can comfortably carry.
Loans on Revoluno
Revoluno merchants can apply for a business loan from the portal, in US dollars or ZWG, with repayment periods from 3 to 60 months. Applications are assessed on the merchant’s Revoluno trading history, and you can track each one from review to approval.