2013 Credit and Collections Default 
Fundera
MAY 4, 2018
The percentage of borrowers who stacked loans doubled between 2013 and 2015. And loan stacking is bad for lenders, too, who might lose out to other creditors if the borrower defaults. And if the borrower defaults, the presence of multiple creditors can make it difficult for each lender to get their money back. An example?
Fundera
AUGUST 1, 2018
But to qualify for debt financing, indicators like credit, revenue, and profits should be stable—which generally means the business model should be established and income should be accordingly predictable. For borrowers with exceptional credit, annual interest is in the range of 5% to 10%. Business Is a Job or Regular Source of Income.
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