By Caron Beesley. Knowing exactly what you’re signing up for when you enter into a business loan agreement is just as important as rounding up the details and completing the paperwork accurately. With loan agreements, there are devils in the details. That’s why it’s critical to pay attention to the fine print, often found in the promissory note or security interest section of the agreement.
Here are some tips for what to look for and how to avoid potentially costly mistakes.
What to Look For in Your Business Loan Agreement’s Fine Print
Posted by SBA.gov under FinanceFrom http://www.sba.gov 4534 days ago
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