Business proprietors face immense challenges, and failing to repay an unsecured business loan can feel like a devastating blow. Surprisingly, 60% of small business owners who default on unsecured loans risk bankruptcy within 18 months. Yet, a majority remain unaware of five legitimate solutions that could protect their economic stability. This deta
Your business might be silently undermining your personal credit score, and you might not even notice it. A shocking over 70% of small business owners don’t understand of how their business credit decisions impact their personal finances, potentially resulting in significant expenses in elevated borrowing costs and blocked financing opportunities
More than 70% of small business loan applications suffer rejection, often since applicants don’t understand what banks prioritize. The key between approval and failure usually comes down to preparation, not merely the strength of your business. This article unpacks how to obtain a commercial loan and avoid becoming the alarming rejection statisti
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