I was watching a quote in a popular site which was passing on that message in a different way.Allow me to explain an insider's story which is also a fact and one can verify it with any banks or financial instituions.The rule is universal.If you go for a small loan like personal,consumer,housing or any other small amount loan,then it is Banker's turn to keep you on hold and verify ,process and even once you default then may be the manager will call you or his loans officer will be at door.The moment it becomes nonperforming for them,they take no time to go for legal action including attachment of property before judgement.If employed  then letter may go to your employer and may be your explanation will be called for and you have to pay from salary.If you are a farmer and not literate enough,but intend to borrow money from a bank all you know is where to sign and that too will be suggested by the banker if they decide to give loan to you.There are so many pages where you have to sign and you do not know the legal complications.It will be your turn to think and repay may be amicably or forcefully.

Now watch the other part.A is a company  has  qualified CFO in pay role.They  decide  about one business plan and then plan about finances.They invite Bankers to a grand hotel  and bestow all hospitality and convince them in the manner they will be convinced.Banks have to lend,and there get the consensus and then within a very short period get your milos sanctioned and disbursed.You can also dictate terms of rate of interest and simply state that if the said loan is not sanctioned/rescheduled at Y rate of interest,it will be difficult on your part to make profit and pay.Even the set of documents to be signed will be dispensed with and there will be a common document where all will sign and  Company's authority will sign only one set of documents though banks or financial institutions may be many.If business fails then also no problem,it will be their turn to suggest ways and means including pumping of more funds.

Since big money is involved,no one will like to leave that company unhappy and it will be their turn to listen to the comany's requirement and choice of options are wide open,one bank may be out and other may come in.