Dear Kunal Johar:
Thank you for applying to us for credit. We have given your request careful consideration, and regret that we are unable to extend credit to you at this time for the following reasons:
History of losses; insufficient cash flow to service the loan, insufficient collateral to secure the loan
Well, I guess it was worth a try. This frustrating news hit my inbox at 9 PM on new year’s eve. I was a bit down, but shrugged it off; we’ve gotten this far without outside financial assistance and we can always apply again next year — or try other sources.
It seems like 2014 probably won’t be our breakaway year, but i’m ever optimistic that we are on the right track, even if it takes longer than we hope.