Denied a Business Loan? Here’s What You Should Do Next If you were denied during the business loan process, don’t panic — you’re not the only one. Nearly 20% of all small business loan applications are rejected due to several factors, like insufficient business or personal credit history. While being denied may seem like a setback, it’s an opportunity to set your business up for… Read More
4 Tips for Navigating the Business Loan Application Process 59% of small businesses report not having enough capital to grow or sustain their business, according to the Federal Reserve Banks’ Small Business Credit Survey. Moreover, the knowledge gap about small business loans and financing has made it even harder to set your business up for success. While some sources may give new borrowers the… Read More