BizSugar.com › Finance › 3 Reasons Why Business Lenders Should Disclose APR

Would you sign for a personal loan or credit card without knowing the interest rate? Of course not. So why should it be any different for your business? The Truth in Lending Act of 1968 protects your consumer credit transactions, but business lending is still like the wild, wild west. Since 82 percent of businesses fail because of cash flow problems, financing your small business is a crucial component to your survival.