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You applied for a business loan and your application was approved, but still you cant able to change in operations and getting profits that you expected.
Why some of your business loans never work out the way you planned.
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Some need the money to overcome a cash flow deficiency.
Until this moment business owners were always concerned whenever they needed financing of this type.
They usually contacted banks for the money rather than approach a private companies.
Banks are unlike private companies and have a stringent set of terms and conditions to follow.
Banks consider fast business funding as high-risk investments.
They reject applications from businesses based on these criteria alone.