Friday, June 24, 2011

Banks are denying the majority (60%) of loan applications


According to a recent study from Pepperdine University, banks are denying the majority (60%) of loan applications, and 71% of business owners report not turning to friends and family after being denied a bank loan. So far this month we have approved 71% of the deals submitted. The others were denied due to collection accounts and poor credit. If you need equipment, look to ExecuTech! (360)713-0695

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