Market Niche Insider – Are startups worth the risk?

Description

Abstract: A popular urban myth is that 90% of new businesses fail, but the reality is quite different. According to the U.S. Department of Commerce, for example, seven out of every 10 startups survive at least two years and about half reach the five-year mark (not counting adequate businesses that are voluntarily closed or are sold). To improve their odds for successful startup lending, lenders need to carefully scrutinize the borrower’s macroeconomic matters, the caliber of the entrepreneur, and the business plan.