Should I use my bank for a business loan?
Most banks are reluctant to issue small loans for business purchase because they yield less interests. If you also consider the numerous requirements a bank will expect you to meet, you may quickly want to forget about taking a bank loan for your business acquisition. You will have to weigh the benefits and demerits of using your bank for a business loan before making a final decision. Reasons Why You Should Avoid Using Your Bank…
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