A large percentage of small business owners experience denial of their commercial loan requests. Denial is not the end of the road. Loan applications can be denied for any number of reasons. Overcoming loan denial starts with understanding the reasons why...... and is achieved by taking actions necessary to to reduce identified weaknesses.
We are very familiar with the many reasons small businesses are denied credit. In fact, The Healthy Credit Practices℠ Program partnered with 7 bankers and 4 community organizations to gather and examine the most common reasons small businesses are denied credit. Our findings were compiled and published in The Credit Barriers Report: Examining Loan Denial in California. To view or download a copy of the report click here.
If you've experience a denial of your loan request and help to understand the next step to take. It's important to find out where you stand.
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Overcoming Loan Denial & Credit Obstacles Requires 4 steps:
1) Information about the reasons denied
2) An examination of where you stand
3) A plan to overcome weaknesses
4) Follow-through with action, action, action
If you have experienced a loan denial and are seeking assistance, complete the form below to help us help you, to identify solutions for overcoming your loan denial. |
| Loan Denial Assistance Services Request Form |
Complete and submit the requested information and a Credit Assistance Coordinator will contact you for follow-up.
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