Slide Share: How To Get a Business Loan With Bad Credit – Guide

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About 80 percent of small business owners who apply for a bank loan get rejected. That’s a staggering number, and it’s easy to think that this is just a ripple effect of the financial crisis of 2008. After all, banks almost by definition tighten the credit spigot during a banking crisis, and there’s no question that the crash is partly responsible for the 20 percent decline in small-business lending from the pre-crisis boom.