Hi there,
Business owners are not always good financial managers. They need the support of an accountant and external funds to go ahead with the progress. Securing funds is not easy as moneylenders and banks are quite sceptical about new businesses and those with default payment histories. As a business owner in need of funds, you must have all the documents to prove the stability of your business. In addition, you should be able to justify the need for the funds for the business and have a positive cash flow to ensure repayment on time. Ask your accountant to evaluate the correct debt amount which can be repaid easily by the business. Here is an article that will offer more such tips on lending.
https://www.business2sell.com.au/blogs/strategy/ways-to-overcome-business-loan-rejection
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