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Reason 8 for taking a Bank Statement Business Loan

Reason 8 for taking a Bank Statement Business Loan

Unforeseen events, and payable/receivable timing, can result in many small businesses not being able to meet obligations such as payroll. These short-term emergencies are not often easily addressed without a line of credit and with banks resisting small business lending or micro business loans. A cash advance, or working capital loan, is often the only way to infuse cash into a small business in order to avoid such a disaster as falling short on payday.

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