Month: September 2017

Franchise loans and their misconceptions

7 Common Misconceptions About Franchise Loans

Franchising misconceptions can cause someone to jump into a business opportunity ill-prepared or ill-informed. The biggest make or break for first-time franchisees is preparation and planning; those are key to a successful franchise. Below are seven common misconceptions about franchise loans. 1. Success Is Guaranteed The name and brand recognition of a franchise is one...
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Personal information, and protecting it when applying to a business loan

Applying for a Business Loan? Make Sure Your Personal Information Is Protected.

  When applying for financing from either the Small Business Administration (SBA) or a traditional lender, the most convenient option is to apply online. In the early stage of the application, you do not need to provide any private information or documentation as long as you know your financial picture. Additionally, I do not recommend providing your personal phone…

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