Top Small Business Loan Application Mistakes


For would-be entrepreneurs, obtaining finance for business can be the difference between getting up and running or not for new startups. For established businesses, it can be the difference between funding new equipment or services for customers, or having to be satisfied with the status quo. In deed, as the old saying goes "cashflow is king" and for this reason, many small business owners must at one point in their business career, apply for a small business loan. Given the importance of receiving approval for funding, the team at Ace Capital have put together a short guide to the top 10 mistakes (and fixes) that small business owners make when applying for finance.

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Source:  Ace Capital