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 and equity investors are so sought after by entrepreneurs.
Startup Professionals Musings: 8 Essentials To Qualify Your Startup For A Bank Loan
Posted by martinzwilling under StartupsFrom https://blog.startupprofessionals.com 502 days ago
Made Hot by: OpenSourceMedia on July 1, 2023 10:22 am
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