Having a business finance application declined is frustrating, particularly when the funding is needed for a contract, a purchase or a growth opportunity. The good news is that most declines come down to a handful of common issues and many of them can be addressed before an application is ever submitted. Understanding why applications fail…
read moreWhen a business applies for finance, one of the first things a lender will do is look at credit history. It gives them a quick picture of how the business and often its directors, have handled borrowing and payments in the past. Understanding what lenders see and how it influences their decision can help you…
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