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Funding
Securing a loan is often the first instinct for entrepreneurs and business owners seeking capital for their ventures. However, the road to success with this conventional approach is paved with challenges, prompting us to ask a crucial question: How hard is it to get a business loan? Let’s delve into the details.
Industries that are seasonal typically experience a high demand for their products or services during certain months or quarters. However, demand can drop significantly outside this period, sometimes to almost nothing. This business pattern can be quite a challenge, especially when maintaining a steady cash flow throughout the year.
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