If you go to a lender with a clear plan that shows them where your company is now, your strategy and goals, and how those work for your future, your chances of being approved are much higher. Show them your strategy and how a loan fits that plan. Detail how you will pay the loan back based on your past and future income. A good pitch can make all the difference here. Planning out your pitch, what type of loan you need, and your desired rates will also go a long way. Once again, this is where having a broker with connections and referral partners comes in huge. They can help companies in many situations that they wouldn’t be able to navigate with a broker alone.
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