Home > Getting Your Business Started > Why Business Loans Get Rejected

Why Business Loans Get Rejected

See on Scoop.itDenver CO Small Business and Entrepreneur Information Center

Several recent news reports suggest businesses are finding it easier to get bank loans or other forms of financing. That would be good news for the economy, because access to capital, especially access by privately held companies, is a crucial component of job and economic growth. But a lot of times, business owners may get turned down for a loan and not know exactly why.

Nancy Barnett‘s insight:

This is a great article about small business lending. The last paragraph is so true. We often see clients who have been saving on their taxes but the same tax return does not show the steady revenue needed to get a loan or sell their business.

See on www.forbes.com

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