4 Mistakes to Avoid When Applying for a Small Business Loan

Photo caption: Before you meet with a lender, make sure you’ve done your research. You should be working with a lender whose services and expertise fit your business’s needs. Photo credit: Getty Images / EmirMemedovski. Article by Kirsten Capunay. CO by US Chamber of Commerce – April 5, 2023. 

Applying for a loan is a big step that many small business owners find intimidating, as securing the right funding is crucial to launching a successful business. There are countless options and just as many potential pitfalls, and it’s easy to feel overwhelmed — especially as a new business owner. However, doing your due diligence and organizing your paperwork ahead of time can help prepare you for the process. […]

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