Uploaded on Dec 15, 2021
For a business to outshine and create a market presence, an instant business loan is always helpful. It is now smooth and easy to apply for business loans through the official website of Clix Capital. All you need is to meet the eligibility criteria and produce all the required documents. These factors actually decide the fate of the business loan applications when you apply for business loans. If you just received a business loan rejection, what are the probable causes? Find out, 8 factors that can keep you away from getting an instant business loan. https://www.clix.capital/business-loan/
8 FACTORS THAT KEEP YOU FROM GETTING A BUSINESS LOAN
8 FACTORS THAT KEEP YOU FROM GETTING A BUSINESS LOAN © Clix Capital Services Pvt. Ltd. All rights reserved. Business credit score There are a lot of uncertainties that can lead to a business loan rejection. A business loan is the easiest way to meet all kinds of business expenses. However, a business loan rejection is very evident when a business does not meet the eligibility criteria. The eligibility requirements for a business loan are limited to factors like business credit score, business revenue, business plan, cash flow, cash reserve, and tenure of business. These factors actually decide the fate of the business loan applications when you apply for business loans. If you just received a business loan © Clix Capital Servircees Pjvet. Lctd.t Aillo rignhts, re swervehd.at are the probable causes? 2 A low business credit score A low business credit score can keep you away from getting a business loan at the time of need or in an emergency. Yes, it is true because a business credit score speaks about the financial stability and health of your business. With a bad score, you get a rejection. © Clix Capital Services Pvt. Ltd. All rights reserved. 3 Low revenue from business puts your business No cash reserve to meet emergencies and needs. A cash reserve is a safe way to do business where you can meet sudden needs from an emergency fund or a cash reserve. A business without a cash reserve cannot be easily trusted by a financial institution. Hence, a business loan becomes a questionable fact. © Clix Capital Services Pvt. Ltd. All rights reserved. 4 Type of business loan For a business to outshine and create a market presence, an instant business loan is always helpful. It is now smooth and easy to apply for business loans through the official website of Clix Capital. All you need is to meet the eligibility criteria and produce all the required documents. © Clix Capital Services Pvt. Ltd. All rights reserved. 5 Thank You For more information please contact: Clix Capital Services Private Limited Email: [email protected] | Mobile: 18002009898 This information made available is privileged and confidential and meant for private circulation only. The recipient/reader shall not engage in reproduction or distribution of this document, in whole or in part, or make disclosure of its contents, without the prior written consent of Clix Capital Services Private Limited (Clix). This information contained herein is provided strictly for informational and internal discussion purposes and does not create a business or professional services relationship, nor does it constitute an offer or solicitation of an offer or any advice or recommendation, to purchase any securities or other financial instruments. This document has been prepared on the basis of data provided by companies, publicly available information, internally developed data, and other third party sources believed to be reliable. Whilst no action has been solicited based upon the information provided herein, Clix exercises due care in selection of the information to avoid inaccuracies and believes the representations contained therein as fair and reasonable. However, it does not guarantee the accuracy of any such information and has not independently verified the assumptions on which such information is based. Clix along with their respective directors, employees, affiliates, or representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy, and reliability of such information and none shall be liable for any direct, indirect, special, incidental, consequential, punitive, or exemplary damages, including lost profits arising in any way from the information contained in this material. Recipients of this information should rely on information/data arising out of their own investigations. Readers are advised to seek independent professional advice and arrive at an informed investment decision before making any investments. Investments in securities are subject to market risks. No assurances, guarantees, or representations can be made that the objectives of any of the investments will be achieved. Readers should note that investments will involve significant risks and the investments may not be suited to all categories of investors. Certain information contained in this document may constitute ‘forward-looking statements,’ which can be identified by the use of forward-looking terminology. Due to various risks and uncertainties, actual events or results, or the actual performance of the company and the group may differ materially from those reflected or contemplated in such forward-looking statements. Clix is not responsible or liable for any loss resulting from the management of any such investments. Willing investors should have the financial ability and willingness to accept risks and lack of liquidity, which are characteristics of the investments described herein. www.clix.capital
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