Constantine the Sinner
Well-Known Member
Yes, you have to pitch to the bank a good reason for why your small business is different from the others, because otherwise they're just gambling, and it's not a good pay-off for the odds. Remember, they care about their business foremost, yours is only their concern insofar as it leads to the prosperity of their business.Unfortunately too many banks make the failure happen.
Know several Veterans who started their own business. Two I know personally have done quite well over the past 10 years. Both wanted to expand their business but were denied the loan. Why? Because the bank told them most small businesses are either sold off or fail within 10 years.
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