Most small enterprises need additional financing at some stage of their activity, and bank loans are still the most common method of obtaining the necessary funds. However, due to the fact that the criteria for granting loans are still highly restrictive in many banks, not all companies can get cash in the traditional way. This […]
Monthly Archives: June 2019
Why getting a small business loan is difficult
Getting a small business loan is difficult Unfortunately, financial institutions are notoriously reluctant to lend to small businesses – according to a recent survey of more than 10,000 business loan applicants in the United States. 82% were denied funding for their bank. Small business lending, especially start-ups, is a riskier proposition for banks than mortgages […]