Monthly Archives: October 2012

How Those “Low” Bank Rates Can Cost Your Business

I’m sure you are asking “what do we mean?” Simply put, there are a lot of things buried in the fine print on a bank loan that many business owners may not realize. The low rate is always attractive at first glance, but when you start to dig in you may find some potentially unexpected…

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Did the bank decline your business loan?

One of the more common problems heard from business owners today is that their application for financing has been denied, and their open credit lines have been reduced or even eliminated.  Business loans under $1 million fell 13 percent between June 2007 and June 2011.  Many business loans that would have been approved prior to…

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