Question

WHY DO WE NEED TO LEND OUT MORE THROUGH BANKS?GIVE 2 REASONS.

Answer 1

It's nearly impossible these days to keep a small business running with money drawn from your own pocket. Whether it's purchasing inventory, hiring new employees, or opening additional locations, any type of expansion requires extra working capital.

The fact that it's becoming increasingly difficult for small business owners to secure funding through a bank makes it even more challenging. There are a variety of reasons why banks are declining loan requests from small business owners.