Getting a Business Loan Without Putting Up Personal CollateralBy
Question: We are a medical technology and service business founded seven years ago. To date, we have serviced around 1 million patient cases and have between $2 million and $3 million in annual revenue. Despite our value to consumers, we have been turned down the three times we tried to get a working capital SBA loan for $300,000, because my wife won’t agree to put up our house as collateral. Why?
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