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5 reasons that are common Business Loan Applications are Denied (and exactly how to Avo Tucker Mathis — May 13, 2019

 

Getting refused for a small company loan is virtually a rite of passage for business owners.

Rejection prices is often as high as 73 per cent with traditional banking institutions. The odds improve a little with alternate lenders, who generally approve around 57 per cent of small company loan requests, nevertheless the rejection prices can be disheartening.