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Find out your loan options today. Apply online at
www.plousio.com or call 508-848-0534 to speak
with a funding adviser
70+ lenders
Massive
Lender Network:
10 different loan
options
Multiple
Funding Options:
Plousio lenders have
much more flexible
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banks
Flexible
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Plousio can get you
funded as fast
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Fast
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When lenders
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Competitive
Offers:
Plousio funding
adviser will guide you
every step along the
way
Expert
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How Can Plousio Help?
Plousio can help small businesses to find the most competitive
loan offers when their banks just turned them down.
Plousio also simplify the borrowing for small bisinesses owners
by streamlining and automating the process.
Going it along With Plousio
vs
Document
Submission
FeesWait
Officer
Interview
More
Application
Collaterals
Requirements
Loan
Shark
More
Collaterals
Another Officer
Interview
Wait even
longer
Credit Card
Stackers
Application
Endless
Documents
Loan Request
Denied
Denied
Again
Another
Decline
$
The Largest Lending
MarketplaceBorrowers Lenders
Insufficient collateral
Weak business
performance
Low credit score
Other Factors
Weak Financial
Statements
Reasons for
Constant
Loan Reques Denial
43%
37%
23%
22%
8%
45%
30%
12%
9%
4%
Impacts On
Small Business
From Loan
Request
Denial
Limited
Expansion
Unable to Complete
Existing Orders
Others
No Impact
Prevent Hiring
The Impact On Small Businesses From
Borrowing Challenges
37% 60% 52%
In 2014, large banks made $208 billion in small business
loans, almost 37% less than the $328 billion lent in 2007
$208B
$328B
20142007
In 2007, banks awarded about 13.5 million loans, but in
2014, only 5.4 million loans were made nationwide (a 60%
decline)
5.4M loans made
13.5M loans made
20142007
In 2014, only $70 billion in microloans ( loands that are
less than $100K in volue) were made nationally, less than
half of the $146 billion made in 2007
$70B
$146B
20142007
As the result to that, loan volume has never
fully recovered from 2008 recession.
$
$ $
As big banks favor big corporations when it comes to
granting a business loan
Big bankSmall business Large corporation
Small Business Borrowing Remains Challenging
For those whom have applied, on average, they spent about 33 hours
submitted 3 applications to 2.7 banks
Of small
business have
applied for a loan
Of the applicants
were denied
by the bank and
received no money
Of the applicants
were approved
by the bank and
received the money
Of the applicants applied for loans
under $100,000
Of the applicants applied
for loans
between $100,000
and $500,000
Of applicants applied for loans
above $1,000,000
Of the applicants
applied for loans
between $500,000
and $1,000,000
40%
58%
30%
10%
9%
51%
42%
Business Loan Is Crucial to Small Businesses
Small businesses have heavy reliance on loans
Why Is It So Hard for Small Businesses
to Borrow Money From Banks and Credit Unions?
Presented
to You by
The largest business
loan marketplace

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Why is it_so_hard_to_get_a_business_loan_by_plousio

  • 1. http://plousio.com/newsletter-sign-up/ Find out your loan options today. Apply online at www.plousio.com or call 508-848-0534 to speak with a funding adviser 70+ lenders Massive Lender Network: 10 different loan options Multiple Funding Options: Plousio lenders have much more flexible requirements than banks Flexible Requirement: Plousio can get you funded as fast as 48 hours Fast Process: When lenders compete you can get the most competitive loan offers Competitive Offers: Plousio funding adviser will guide you every step along the way Expert Support: How Can Plousio Help? Plousio can help small businesses to find the most competitive loan offers when their banks just turned them down. Plousio also simplify the borrowing for small bisinesses owners by streamlining and automating the process. Going it along With Plousio vs Document Submission FeesWait Officer Interview More Application Collaterals Requirements Loan Shark More Collaterals Another Officer Interview Wait even longer Credit Card Stackers Application Endless Documents Loan Request Denied Denied Again Another Decline $ The Largest Lending MarketplaceBorrowers Lenders Insufficient collateral Weak business performance Low credit score Other Factors Weak Financial Statements Reasons for Constant Loan Reques Denial 43% 37% 23% 22% 8% 45% 30% 12% 9% 4% Impacts On Small Business From Loan Request Denial Limited Expansion Unable to Complete Existing Orders Others No Impact Prevent Hiring The Impact On Small Businesses From Borrowing Challenges 37% 60% 52% In 2014, large banks made $208 billion in small business loans, almost 37% less than the $328 billion lent in 2007 $208B $328B 20142007 In 2007, banks awarded about 13.5 million loans, but in 2014, only 5.4 million loans were made nationwide (a 60% decline) 5.4M loans made 13.5M loans made 20142007 In 2014, only $70 billion in microloans ( loands that are less than $100K in volue) were made nationally, less than half of the $146 billion made in 2007 $70B $146B 20142007 As the result to that, loan volume has never fully recovered from 2008 recession. $ $ $ As big banks favor big corporations when it comes to granting a business loan Big bankSmall business Large corporation Small Business Borrowing Remains Challenging For those whom have applied, on average, they spent about 33 hours submitted 3 applications to 2.7 banks Of small business have applied for a loan Of the applicants were denied by the bank and received no money Of the applicants were approved by the bank and received the money Of the applicants applied for loans under $100,000 Of the applicants applied for loans between $100,000 and $500,000 Of applicants applied for loans above $1,000,000 Of the applicants applied for loans between $500,000 and $1,000,000 40% 58% 30% 10% 9% 51% 42% Business Loan Is Crucial to Small Businesses Small businesses have heavy reliance on loans Why Is It So Hard for Small Businesses to Borrow Money From Banks and Credit Unions? Presented to You by The largest business loan marketplace