What you should do before you apply for a loan
On the fun scale, applying for a loan falls somewhere between doing your taxes and having minor surgery. Once you get organized, though, the process takes less time than you think. If you need a loan to start or expand a business, the following steps can help you power through the paperwork. Steps 1 Determine which type of loan you need to apply for: Working capital is used to meet immediate, short-term needs (payroll, rent, vendors) that you will repay ...
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