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It's Not Enough

Don't banks frown on asking for more money?

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This story appears in the August 2000 issue of Entrepreneur. Subscribe »

Q: My business has been growing at a rapid rate. We recently applied for and were approved for a line of credit to fund this growth. Almost immediately after the loan closed, we determined that the line was probably not enough to get us by. How soon is too soon to go back to the bank and ask for more money?

A: It's never too soon to talk to your banker about your growth, but asking for money is a little more tricky.

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