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Let me make it clear about Why Payday Loans for Small Businesses Are Bad Information

Let me make it clear about Why Payday Loans for Small Businesses Are Bad Information

As Cory Elliott’s construction company boomed, her financial obligation woes started. She was rejected by 10 banking institutions for funding to grow her St. Louis construction company, and a consultant that is financial hired recommended a popular alternative: a vendor cash loan.

Half a year later on, she had been having to pay over $14,000 a thirty days to program financial obligation of $130,000 for just two payday loans.