It's very hard for a business that is new get that loan from the commercial bank or loan provider for business startup. New companies are in reality the riskiest loans of any that a lender or bank might encounter. Therefore understandably they have been nervous about startup loans.
Why Company Startups are Risky
To comprehend why home based business startups are dangerous for company loan providers, take a look at the four C's of Credit (collateral, money, capability, character). (more…)