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Mistake #1 when applying for a small business working capital loan

Mistake #1 when applying for a small business working capital loan

Multiple Submissions. Sometimes consumers apply for credit (e.g., car loans, home refinance, credit cards) to either increase their chances of approval or to get the best terms. Many small business owners use that same mentality when applying for a commercial loan. Not only does this not help, but it almost always adversely affects any/all applications.

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