Where To Go When The Bank Says No

Banks choose not to lend for a number of reasons, from uncertainty about your business or industry to discomfort about your solvency. Fortunately there are a number of ways to get funding for your business outside of conventional business relationships. In today’s episode Jeff Franklin discusses why banks sometimes say no (and what you might be able to do about it), different types of outside funding available, and the importance of being a financially prepared organization that’s ready to seek funding when the time is right.