The Importance of Building Credibility With Your Presentation
One of the easiest and hassle-free ways by which you can find funding for your deals is by using the resources that private moneylenders have at their disposal.
However, in order to convince them to part with their money, one must build credibility as they make their presentation.
With that said, the first step is to schedule a lunch with a prospective lender but there’s more to consider.
It goes without saying that your image is very important even before you open your mouth and that applies here as well. By image, it means looking well-groomed when it comes to your attire and this does not exclude your professional staff if they’re also present at the meeting.
Also, this also includes the location of meeting you choose along with the marketing items and presentation slides that you use.
As for conveying a clear message through your presentation, make it clear that for the money that they fund you with, you intend to give them back high interest payments. Make sure you convey the message as clearly and simply as possible by also clarifying how the transaction will work to their benefit.
Another important aspect of your presentation should involve addressing their fears and which will ensure that you build credibility with the lender.
Yet most of all, it’s important to do something if you say that you are going to do it. For example, pay the lender their interest check on the exact date that you promised. This is really crucial to building rapport and credibility, and which will end up in them giving you more money in the future.
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