Small business owners face tremendous challenges, and defaulting on an unsecured business loan can feel like a devastating blow. Shockingly, more than half of business proprietors who default on unsecured loans risk bankruptcy within a year and a half. Yet, a majority remain unaware of five lawful escape routes that could protect their economic sta
In excess of 70% of small business loan applications suffer rejection, often due to the fact that applicants misjudge what financial institutions truly seek. The gap between success and denial often depends on preparation, not merely the potential of your business. Let’s dive into how to secure a commercial loan and evade joining the alarming rej
Your entrepreneurial venture may be covertly harming your creditworthiness, and you might not even be aware of it. A staggering 73% of small business owners don’t understand of how their business credit decisions influence their personal finances, potentially costing them thousands in increased loan fees and blocked financing opportunities.So, wi
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