Remark loan conditions cautiously

Business owners exactly who struggle to fulfill typical team financing standards is be skeptical of predatory loan providers that aren’t transparent regarding the true cost of borrowing. Ahead of taking a loan promote, Elliott ways parsing out of the annual percentage rate and you may terminology, as well as finding out if or not you’ll find extra fees, such as a prepayment penalty.

In the event your financing bargain tunes too good to be true, it probably is, warns Carolina eo, California’s statewide small providers system. (más…)