According to SCORE, only 38% of loan applications by businesses with revenue of less than $5 million get approved (compared with 70% of businesses with revenue between $5 and $100 million). Reasons for rejection: quality of earnings and cash flow (25%), size of the company (21%), insufficient operating history (19%), and insufficient credit (18%).
Barbara Weltman
Big Ideas for Small Business, Inc.
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It's important to take care of ourselves and take steps to nourish ourselves--body, mind and soul. We may have to do this in different and creative ways now that many of us are staying at home. It's still important that we take time for ourselves. #selfcare #Health