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If you were to quit your day job, that income would no longer be able to be considered for the loan. Therefore you would inherently decrease your chance for getting a loan.
However, if you wanted to you could keep your day job until after your loan was funded, and then quit. IT doesn't matter, the main thing is that you can meet your loan obligations and live off the money that the business makes.
Ok. Thank you. That was the original plan, but we're growing so fast it's starting to hurt the business that I cannot commit more time to it. We're doing nearly 500K annually in revenue so we bring in plenty to pay loan obligations, but just wanted gain any insight to see, if I had to make the choice to leave my full time job, so customers would not suffer, if that would have a dramatic impact, or just a slight impact, if our business profile was strong. Company is really strong and growing very fast. Revenue doubling every year. Most folks that start a business do not have such a great safety net to fall back on, and I'm not a huge entrepreneur, and keep wondering if I'm just not taking the plunge I should.
If the business is strong, and you can easily afford the loan payments it would be a slight disadvantage but not a dealbreaker