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In excess of 70% of small business loan applications encounter rejection, often because applicants fail to grasp what financial institutions prioritize. The key between approval and failure usually comes down to preparation, not just the viability of your business. This article unpacks how to secure a commercial loan and evade becoming the staggeri
Business proprietors face immense challenges, and failing to repay an unsecured business loan can feel like a catastrophic setback. Alarmingly, three out of five entrepreneurs who default on unsecured loans risk bankruptcy within one and a half years. Yet, many remain unaware of five legitimate solutions that could protect their economic stability.
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