A common question I get is “How do I get a bank loan to fund my startup?” The default answer is that it probably won’t happen, because most banks just don’t make bank loans to startups. The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan. That’s why Angel investors are so sought after by entrepreneurs.
How Entrepreneurs Qualify for Funding from Banks
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4213 days ago
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