PUBLICATION ARCHIVE

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Sep

Commercial Loans: What to Know Before You Sign



 

Many business owners in need of financing for their business look to banks and other commercial lenders. After all, interest rates are low and a commercial loan usually does not require owners to give up any equity in the company or control of operations and strategic direction. However, commercial loans do come with several costs and obligations that can place a heavy burden on a business and that can be easily overlooked.