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They run the risk of not ever seeing their money again, and in such a financially stringent industry, it is very easy for customer to simply hide from their debts.
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These vary by bank, but here is a list of some common covenants:a) Net worthSome lenders may require that your company keep a minimum net worth.
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This makes it difficult for them to qualify for personal loans, even though they may be a perfect candidate in actuality.
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