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1 in 4 businesses rejected for new loans

Small businesses are shying away from borrowing, while those who are looking for finance are being knocked back by lenders, according to a new survey.

1 in 4 businesses rejected for new loans
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1 in 4 businesses rejected for new loans

More than one in four businesses have been rejected when applying for finance over the past three months, with that figure rising to 37 per cent in regional Australia.

Read more at the Accountants Daily

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