Generally, Baynes told you, alternative financing need a one-web page app, also no less than 3 months regarding bank comments. That’s all an alternative bank should agree or reject your application for the loan. But what just is actually option lenders in search of?
“The best need i reject an application comes from a corporate becoming overleveraged,” Baynes told you. “Whenever they have existing obligations … and we feel additional commission manage overleverage them, we could possibly turn the business down. Another cau...
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