Bank rejected loan application?
There are thousands of small business owners whose retail business loans applications are rejected by the banks, and most of them lose hope and believe getting a business loan is impossible for them. However, nothing could be further from the truth, they’re simply shopping in the wrong place. The reason we say shopping in the wrong place is simple as well. Banks are not keen on funding small businesses because they view them as a high risk prospect. Banks are comfortable funding large businesses and corporations without a hitch. These are the decisions of banks which they have every right to do. However, there are private lenders who do provide various forms of business funding that are very well suited for small business owners. Typically, when a private lender such as Funding Easily provides funding for retail business to small businesses owners, our funding criteria are very different from those of banks and are mentioned below. The business does ...