I really dont understand some of the questions here. PPWC is a way to build business and no matter if you have had 1 or 10 PPWC loans there is not entitlment to the next. When people say they paid of a loan early in the hope of getting a new one, the thinking is all wrong. The loan has to be repaid back anyway. And should be only be done at a rate (above the agreed %) that the buisness can afford. And not in the hope that a person will get offered a new loan. I have seen this working in the past in the financial industry. People paying of loans early, hoping expecting they get automaticially accepted for another. It does not work that way. Continual loans can have a negative impact of future ability to borrow. No matter with PPWC or standard issued loans. I would never fall into the trap of feeling entitled or gambling an early payback in the hope I get accepted again. We are into our 3rd PPWC loan which has been a great help. And I dont see me as needing to take a 4th. So im paying this 3rd one back at a % above the agreed rate that I am happy with. It has helped greatly to improve business and im happy a day comes when we dont need further funding. PPWC like any lender have there own critera (much less stringent in my view that traditional lenders ) but with that will come a certain amount of rejected applications.
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