Have you ever thought about this question, “are you borrowing money the right way as you start, build, or grow your business?” In other words, do you know what you should and shouldn’t be doing and what the goals are in obtaining capital for your business?
If you’ve ever asked that question before or even if this is the first time you’ve ever thought about it like that then this short Whitepaper may help you answer those questions and help you understand why it’s so important to have goals and a purpose when you get your small business loans, business lines of credit, etc. for your business.
Business owners make many mistakes when looking for the funding they need for their business. Whether they need an SBA loan, an unsecured business line of credit, a factoring facility, or any other type of small business loan or line of credit these are some common mistakes that get made by small business owners:
*They don’t separate their personal and business credit
*They pledge collateral when they don’t need to or pledge an excessive amount of collateral
*They don’t maintain (or achieve) excellent personal credit as they borrow
*They get a loan with a monthly payment that is not “cash-flow friendly”
*They pay too much in interest on their loan or line of credit
*They don’t allow themselves to take advantage of tax benefits.
In this free white paper learn all about the 6 Benefits of borrowing the RIGHT way and understand some of the benefits of obtaining unsecured business funding. Get the FREE Whitepaper now so you can make sure you borrow money the Right way!