Myth: If my business is profitable, I should qualify for a loan.
Reality: I’ve seen businesses doing $500K+ in profit get declined.
Why?
Because profit doesn’t equal structure.
And structure is what lenders trust.
If your numbers can’t tell a clean, consistent story… it’s a no.
If you want to know how lenders actually evaluate your business, comment LENDER.
— Jon P. Moffitt
#JonPMoffitt