Ask the company if you can borrow less. You really have no ability to repay. Just show weakness.
2. What is the good excuse for the company to ask for a loan in its own name?
The bank refused. For banks, this is a borrower's loan, which violates the regulations of the banking system.
What is the good excuse for the company to ask for a loan in its own name?
You should grasp one of his goals and worry that you can't do it because of insufficient funds, so that you can use the topic to introduce the benefits of your company's current loan, most of which are beneficial to him!