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01-14-2015, 05:14 PM #1
Reputation points: 10
- Join Date
- Aug 2014
- Posts
- 21
Who lends to businesses with late state filings
Some lenders require that they look at the secretary of state site to see if business is in good standing and has filing with the state that is up to date. Seems like an unnecessary step because late filing is fairly common and doesn't indicate high risk potential. Do all lenders check this or are there some willing to fund these businesses that just want to go through hassle and cost of updating the state's filing?
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