Honestly, I’m feeling a bit discouraged about getting a loan here, but I still don’t understand why I received a negative feedback. I’ve been transparent about my request and business details. It’s frustrating to be labeled without any real basis.
That is because you haven't built your reputation and your account's rank is still quite low. Someone can just go away with $50k and leave that account forever through this type of loan request. If your company is valued at $200k and you're asking for $50k, you don't need the forum to ask for that amount, just what act said to go to the closest bank and have it provided with your information and papers and they'd grant you that amount and even higher based on their assessment.