Securing the right business loan (or credit line) is a crucial step in growing small businesses. The process is confusing to many entrepreneurs—especially with so many options in the market. For growing businesses to thrive, it is important they understand how loan qualification really works. Making informed decisions to avoid being misled by intermediaries with no fiduciary responsibility who prioritize selling short-term, high-cost loans (to receive high commissions) can be the difference between success and failure.
