It is important to know why your <b><a href="https://cashdirect.sg/business-loan/">small business loan in Singapore</a></b> is rejected that is what could be the reasons for rejection of loan application.To know how and why your loan application is rejected, here are some reasons for the denial.
Low Credit Score
Bad Credit History
Business is Relatively New
No Business Plan
Insufficient Collateral
Incomplete paperwork/application
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