The Reasons Why Business Loans Are Rejected
Learn more
Low Credit Score
A low credit score makes it difficult to secure a business loan.
Learn more
Incomplete Documentation
Not giving all the documents the lender wants can lead to rejection.
Learn more
Lack of Collateral
It is possible to reject a loan if collateral is insufficient
or lacking.
Learn more
Weak Income
If your business isn't making much, lenders might think you can't pay back.
Learn more
Risky Industry
Lenders may be cautious about lending to businesses in volatile or risky industries.
Learn more
Early-stage Business
A lender may be less willing to lend to a new business if it does not have a proven track record.
Learn more
Learn more