Free Game Friday: Youâre getting denied business funding simply because you arenât filling out the applications right!
For best approval chances:
âąEmployed 5 + years
âąLiving at residence 5+ years
âąRent: Only put the half you pay, not the full amount
âąIncome: Use projected income; they canât say you didnât make xyz (no docs)
âąEmployment: NEVER USE SELF EMPLOYED ; youâre an employee of your business
âąYour business needs to be âlow riskâ even if you do trucking, ya better be classified as something like consulting. (NAICS- look up low risk codes)
A properly structured business, good personal credit, and these data points can get you whatever you want.
@Everyone