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2. What am I going to use the extra money for?
Banks are pretty risk averse and don't like lending to small-business owners who can't demonstrate they have a plan and a projected outcome regarding how the funds will be used and how they will positively impact the business. A plan is more likely to get the small-business loan than no plan. So I guess the question should really be, "Am I able to effectively share the plan with a lender so they get as jazzed about what I'm going to do with the money as I am?"
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Michael Cornnell
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