Small Business owners are afraid of these myths regarding loans - PowerPoint PPT Presentation

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Small Business owners are afraid of these myths regarding loans

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There is no need for believing whatever you read on the internet. There can be some unwanted and fake content which will mislead you. Regarding the eligibility criteria and the requirements, modern business holders tend to search for everything on the internet even about the important factors like business loans. There are many myths and misinformation about small business loans. Before coming to any conclusions, check accordingly. – PowerPoint PPT presentation

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Title: Small Business owners are afraid of these myths regarding loans


1
Small Business owners are afraid of these myths
regarding loans
  • There is no need for believing whatever you read
    on the internet. There can be some unwanted and
    fake content which will mislead you. Regarding
    the eligibility criteria and the requirements,
    modern business holders tend to search for
    everything on the internet even about the
    important factors like business loans. There are
    many myths and misinformation about small
    business loans. Before coming to any conclusions,
    check accordingly.

2
(No Transcript)
3
  • Approval takes Forever
  • When you are dealing with a business, you will
    have several opportunities. These opportunities
    can be converted into your business profits but
    need quick cash. The most common question arises
    here is to "How to arrange quick cash?"

4
  • Scarcer Probability
  • The small business owners must connect with the
    angel investors regarding the business funds. But
    why? There can be other ways too right? Angel
    investors do seek the stakes in the business.
    Sometimes these stakes can be a loss point for
    you or not satisfactory.

5
  • Online loans are Tricky
  • People will be cynical about every new thing it
    happened with the online lending too. Because of
    a few abnormal lending methods, you cannot blame
    the entire industry. In reality check, there are
    banks where you can get reasonable interest rates
    online.

6
A Credit Score is considered the most
  • Banks do not just care about your credit score.
    There are many other factors which will affect
    your business loan eligibility. They do consider
    your cash flow, revenue history, and other
    financial documents while deciding upon the loan.
    Even though there are other factors involved, it
    is better to take care of the credit score. Clear
    the bills and the loans on time and acquire a
    best credit score with ease.

7
  • THANK YOU
  • FINFREE
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