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Why Banks Say No

In the late 1980's, only 15% of entrepreneurs were concerned over their financial situation. Fast forward to today and that number rises to almost 40%! So why are these numbers so discouraging? Most entrepreneurs only turn to one source of potential capital: Banks. This articles looks at:
  • Why over 30% of young, high growth companies are underfinanced.
  • What the four critical loan factors are that bankers care about.
  • Who makes the final yes / no decision for your loan.
  • What bankers say are the most common reasons why they reject a loan application.
  • Number of pages: 6

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