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All of the answers you've got in this thread are correct, but bear in mind it's never been easier to get a great sounding finished product, and labels are kind of used to that standard now. Unless you wrote something that is just going to set the world on fire and makes liquid gold pour out of speakers, labels are not going to pay for an engineer/producer to finish your track.
It doesn't need to be perfect but just think about it:
if I were an A&R guy at a small label,and this dude I didn't know sent me a track and it sounded badly mixed and muddy, I'd probably think he's an amateur and there's not much distance in this guy. With the singles market being a complete deadpool, you want artists that can deliver consistently and labels being as lazy as they are, they just want to take a product, slap it on beatport and hope some sales trickle in. Back and forth over production quality and helping you finish it? Not oing to happen.
....but then that's why people on here will help you 
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