When Banks Say No
For a number of various reasons, business owners encounter a situation where they need financial assistance to meet the daily operations and support their future plans. It might be for a retail business, online business, home based business or niche-specific business. Whatever the reason might be, where to get a loan or a working capital is almost always just down to two major choices—a private lending company or a bank.
Big and small businesses are counting on business loans, be it for expansion purposes, to build a business credit, buy equipment and inventory or hire more workers on the company and the first option that comes to their mind is to go to a bank. Unfortunately, banks are making it hard or impossible for certain businesses to acquire short term loans due to a number of reasons.
But really, why do banks tend to say no to small business loans?
Primarily, banks say ‘No’ to short term loans because they are known to be stricter with their requirements and qualifications. They tend to look closely on your eligibility and usually put the most weight in there than their other criteria.
There’s Hope At EML Capital Group
Don’t fret, there’s hope for a business like yours.
Here at EML Capital Group, we look at your company potential and we’re here to help you access small business finance when most banks say ‘No’. It is part of our mission to help you reach your goal. We want to be there for you when you need us the most, since that is primarily why the company exists.
We strive to help you grow your business, which is why we treat your business like our own, and help it succeed in a way only we know how. We make sure to give you what you need quickly, in this case working capital, because we know that in business, timing is everything. In business, time equals money.
Our Attitude To All Business Services
We understand your needs and we’re here to guide you in which loans are perfect for your business. It is our objective to support every business owner that comes to us for financial assistance. Know that we are here for you—and together, we will make your business grow! Together, let us make it happen!
Call us 844-365-3863. Chat with us online, or email us. Whatever is best for you.
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