Understanding How Business Loans Work
What to Know Before You Apply for a Business Loan
- How does my credit history look?
- Do I have a personal guarantor or something I can offer up as collateral?
- What can I afford to pay monthly?
- Do I need a cosigner?
- Is my business plan in good shape?
- Which potential lenders meet my needs?
- What types of loans am I eligible for?
- What does the fine print say?