Ive never had any trouble obtaining a home mortgage, credit card, or auto loan. Does this mean that Ill be able to easily obtain a loan for my small business?
Obtaining a small business loan is not the same as obtaining a personal loan. It is much more challenging to obtain a loan for a small business than a loan to purchase a home or car. It is important not assume that just because you easily obtained a personal loan that you’ll be able to obtain a small business loan. It is recommended that you review “Obtaining a Small Business Loan” and “Can I Qualify for a Loan” to gain a better understanding of the small business loan process, criteria for obtaining business loan, as well as what to expect in the process.
Related Questions
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