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Lewis Sheats Gives Critical Insight on Funding for Startup Business Owners

Lewis Sheats, assistant vice provost of entrepreneurship, breaks down the best source of funding for startup business owners and how they can increase their chances for getting approval on a loan.

“To increase your chances for a loan, show your projections of being able to repay the loan at the terms expected and that you have collateral to protect the bank against failure of the startup,” said Sheats.

Read more on Advisor Smith.