Working Capital Loan For Your Business – What Happens When the Bank Says “No”?
Posted by | Posted in people credit | Posted on 16-08-2010
Many small and medium sized retailers have found themselves in a difficult squeeze of circumstances when it comes to finding a working capital loan to fund expansion, purchase advertising, or merely continue funding day to day operations and payroll. According to the SBA (Small Business Administration), small businesses in need of capital can always go directly to the agency, or apply for a loan through one of the major banks that the agency guarantees loans with.