Wall Street

5 Mistakes Making It Harder For Owners To Secure SME Loans

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ValueWalk

After the massive economic shock caused by the pandemic, and the slowdown of the economy, banks, private lenders, and credit unions were far too skeptical to dish out loans, anything from mortgages to small-medium enterprise loans. Yet, after much prevails during the last two years, with the economy now moving full steam ahead, bank approval rates are still not as high as they were roughly two years ago. Q1 2022 hedge fund letters, conferences and more Approval rates have come down almost more than half in the last two years since the start of the pandemic. The latest figures reveal that in De…

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