This article originally appeared on Forbes.com
Levi King, CEO & Co-Founder of Nav.com
The devil is in the details. And when you’re applying for a business loan, there are a lot of details.
My company, Nav, in a recent survey of 648 U.S. business owners, discovered that "70% of small business owners without a business checking account were turned down for a business loan in the past two years." The top reason they didn’t have a business checking account? They didn’t have time to set one up, even though they wanted one.
What they may not realize is that, by...