When we have no fund or lack of funds while starting or running a business most commonly we prefer business loans. But there are chances where your application may get rejected by the bank. The most common reasons for the rejection are bad credit scores, borrowing history of the applicant if the debt-to-income ratio is bad, the creditworthiness of the company, collateral issue, a module of the business, and so on. In this video, we have given detailed information about why usually bank rejects the business loan application. If you are planning to apply for a business loan please watch this video.
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