Size Of Company

Finally, the size of your company will be a crucial factor in the bank's decision to give you a loan or not. Again, remember that banks like lending safe capital to low risk borrowers. They do not like high risk entrepreneurs. Therefore, the bigger you are, the safer you are and the more likely you are to get your loan.

The loan rejection numbers by size of your company look like this:
� 0 to 4 employees: 13.6% rejection rate
� 5 to 19 employees: 10.7% rejection rate
� 20 to 49 employees: 6.0% rejection rate
� 50 to 99 employees: 4.1% rejection rate
� Over 100 employees: 2.5% rejection rate

For more information, visit www.EvanCarmichael.com.