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Did you know that 72% of small business loan applications are rejected?
In this Finance edition of the Small Business Trends magazine, we explore the challenges that small businesses face when seeking a bank loan. Our cover story provides some helpful tips on improving the odds of getting approved.
Check out the list of the most common loan application mistakes that business owners make - so you can avoid them. Also, get tips on getting approved for SBA loans.
But a loan isn’t the only option if you need to purchase new equipment, invest in real estate, or even staff up. Our reporter, Rob Starr, spoke with one expert who explains the differences between loans, cash advances, and other forms of financing. See how to improve your credit score, manage your cash flow and save for emergencies, too.
There's all this and more in this packed Finance edition of Small Business Trends magazine.
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