5 reasons can make your Business Loan reject - PowerPoint PPT Presentation

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5 reasons can make your Business Loan reject

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Applying for business loan? Check out these 5 reasons to avoid Business Loan Rejection! For more details visit - – PowerPoint PPT presentation

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Title: 5 reasons can make your Business Loan reject


1
5 Main Reason can make you face Business Loan
Rejection
2
5 Main Reason can make you face Business Loan
Rejection
3
Undercapitalization
  • Borrowers often make the mistake of
    under-capitalizing their business loan
    application. This means that they offered up the
    wrong collateral, or simply lacked the time to
    see a business loan application through to
    completion.

4
Bad Credit
  • Even though not everyone has the best credit, as
    far as lenders are concerned, this just isnt an
    excuse. Poor credit is simply a sign that a
    borrower, or their business, does not prioritize
    repaying their debts.

BAD CREDIT
5
Not much of Collateral
  • All business loans require collateral.
    Unfortunately not all businesses, cash flow and
    profits aside, have sufficient collateral to
    support the size of the business loan they wish
    to borrow

6
Insufficient Historical Profitability
  • If a business isnt even making money to begin
    with or generating enough profit cash flow, then
    there is no need to hand it a business loan in
    the hope that is generates growth.

7
Difficult Conditions
  • While every industry faces obstacles time and
    again, some lenders outright refuse to lend to
    businesses in certain industries

8
Thank You!
For more loan details contact us
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  • Mail Id support_at_ruloans.com
  • Website https//www.ruloans.com
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