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Are You Looking for a Small Business Loan?
If so you’ve presumably applied for a loan at one point. Small business loans are used by start-ups and established companies equally. When you pause to consider it, many businesses would never be started if it were not for small business loans. Whether you are preparing to start a new business adventure or grow an existing one, you will most likely need financing. The costs associated with running a business are quite high and include fees and rent, supplies, worker salary and more. A business cash advance might also be needed to acquire inventory, improve equipment or cover expansion expenses. If you require the necessary working capital and simply can’t grow your company without it, contact Future Receivables.
Small Business Loan Rejection Rate
Most business owners ask their bank or credit union for loans. If your company has gone this direction, you know how complicated the loan process can be. Extended applications, harsh credit requirements and prolonged wait times for loan approval are all quite typical. Plus, an estimated 8 out of every ten small business loans were rejected last year, which means it is harder than ever to secure the funding you need. That is not the case with Future Receivables. To get started, apply for a small business loan directly through our website today.