Knowing Why You Were Denied & How to Improve for Approval

In this episode, Eric Foster, Board Chairman of Cannas Capital Holdings and lead on the EquiRate AI initiative, discusses why businesses need more than a denial when they apply for funding.The conversation focuses on a major gap in the lending process: too many applicants are told they do not qualify, but they are not given meaningful feedback about what held them back or what they need to improve. Eric explains why this issue matters, especially for minority-owned businesses, and how EquiRate AI is designed to provide greater clarity, support, and a practical roadmap toward stronger approval readiness.Drawing from his own business experience, Eric also explains why understanding failure points is often the first step toward building a better path to long-term success.Learn more: www.cannascapitalholdings.com [email protected] This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit ericfoster52.substack.com/subscribe