Small companies and start-up ventures have had a tough time seeking financing. Most traditional lenders (banks and venture capitalists) want to lend to businesses that are already established or have good growth potential. However, it is almost unlikely for a company to get the funding they need since the 2008 financial crisis.
The legislation also calls for financials to be extra cautious in their lending activities. Yet as a small business owner, you can still get the money you want. How? How? How? How? By avoiding 10 common mistakes most small business owners make when they are seeking a loan.
infographic by: www.acecapital.com.au