To get your restaurant off the ground, you’ll probably need to borrow some money. Applying for a loan is a big deal, and there are a variety of hurdles you need to jump to make sure you you’re not denied.
This article highlights five reasons why you may be denied a loan for your restaurant business. Don’t go looking to get a loan if you have bad credit, and you’ll need some collateral (likely your house). You also need to be experienced in the restaurant biz!
Read the full article here: How to overcome common restaurant finance hurdles
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