Big banks don’t want to deal with startups because of their lack of credit history.
They don’t have anything to base their approval decision on and that’s why they turn down applications from new business owners.
It is important for owners to develop strong business profiles and ratings to gain access to better funding opportunities in the future.
Here are some of the things big banks don’t want you to know.
What Big Banks Don't Want You to Know about Small Business Loans
Posted by erikemanuelli under Raising CapitalFrom http://bizsmallbiz.com 1924 days ago
Made Hot by: robinandy58 on December 14, 2018 10:33 am
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Thank you so much for this wonderful news which many of the small time business owners are not aware of.
It is really good to know this initiative.
The good news is there’s a small chance that your company can get approval from a big bank. thanks, Erik for this great shout out.
Keep sharing.
Best Regards