You’ve done your homework. You need money. You are applying for a loan. You have all the documentation required by the lender. But, do you REALLY know how your loan will work?
There are 4 questions you should always ask yourself before signing on the dotted line and putting your business on the line.
Before signing your loan agreement, ask yourself these questions:
Don’t be afraid to ask your lender for an explanation of your loan and repayment details. Equip yourself with the knowledge you need to be a smart borrower.
Find out more about Business Loans in our Business Loan Buyer’s Guide.
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