Entrepreneurs face enormous challenges, and defaulting on an unsecured business loan can feel like a financial death sentence. Alarmingly, 60% of small business owners who default on unsecured loans risk bankruptcy within 18 months. Yet, a majority remain unaware of five lawful escape routes that could safeguard their financial future. This detaile
Your business might be silently undermining your personal credit score, and you might not even be aware of it. A shocking three-quarters of small business owners are unaware of how their business credit decisions influence their personal finances, potentially resulting in significant expenses in increased loan fees and rejected credit applications.
In excess of 70% of small business loan applications suffer rejection, often because applicants fail to grasp what banks prioritize. The key between success and failure usually comes down to preparation, not solely the strength of your business. We’ll explore how to secure a commercial loan and sidestep turning into the disheartening rejection st
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