Grabbing a look at a good blog piece from our friends at Fundera: “…there are a few common and easily-corrected mistakes that small business owners make when applying for a loan. To help you avoid these pitfalls, we’ve put together a list of five things to watch out for in your own application…”
You’ve got bad credit (and are unrealistic about it)
You let your books become sloppy
You have ongoing credit payments, and not enough income to support more
Your business plan is problematic (or non-existent)
You apply to a lender that has rejected you before.
Read the post here.