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Top 5 Small Business Financing Mistakes

Updated: Nov 7, 2023

Here is a good summary of 5 common mistakes that both startups and small businesses often make in the financing process. Many companies rush into bank lending decisions without having a defined process. Here are the 5 common mistakes:

  1. Not Doing the Research

  2. Seeking Too Much Money

  3. Placing All Trust in Your Partner

  4. No Emergency Cash Stash

  5. Being Disorganized

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