BizSugar.com › Raising Capital › 5 Credit and Financing Mistakes That Will Hurt Your Small Business

These are the five biggest mistakes we’ve seen since the onset of the credit crisis in 2008:
1. Using Personal Credit Cards for Your Business
2. Using Borrowed Funds the Wrong Way
3. Pledging Excessive Collateral With Your First Loan or Line of Credit
4. Doing Your Own Research and Getting It Wrong
5. Not Treating Your Personal Credit as the Asset it Is (or Not Making it an Asset)