In a 2020 Small Business Credit Survey released by a collective of Federal Reserve Banks, it was reported that 66 percent of businesses faced financial challenges in 2019. Yet 57 percent did not apply for financing or third-party funding.
The top reasons given by those that either did not apply or approved funding but declined it included.
Original Article Source Credits: Entrepreneur, https://www.entrepreneur.com/
Article Written By Leslie Hassler
Original Article Posted on : September 10, 2020
Link to Original Article:https://www.entrepreneur.com/article/355636
