Obtaining funds through conventional financial institutions is certainly not easy. In a survey conducted in 2014, about 63% of business owners stated that they applied for the loans through banks. However, the success rate of obtaining the loan was just 27%. When it comes to obtaining loans to fund new or existing businesses with a Read more »
If you are a small restaurant owner, you may have to spend a lot of money in purchase and repair of commercial equipment. The problem here is that not many financial institutions, including banks and private lenders, easily give loans to small business owners. Even if you are able to obtain the loan, the fees Read more »
Getting a business loan with a bad credit rating seems impossible for many business owners. Most financial firms feel reluctant to give loans to such individuals, as lenders fear that they won’t be able to repay the loan on time. However, you should not have to suffer just because of some financial mistakes in the Read more »