Some myths are harmless, or even fun and enjoyable. However, there are times when myths aren’t fun or friendly — in fact, they’re costly and dangerous.
Unfortunately, business lending myths fall squarely into the latter bucket. Rather than helping businesses get ahead, they hold them back and bog them down.
To help keep your business safe, strong and successful, take a moment to see if you subscribe to any of these 3 costly, but common business lending myths:
Businesses that fail to realize this advantage of a cash infusion invariably find themselves chasing competitors rather than surging past them.
Now that you know the facts, you can shift your paradigm and clearly determine if obtaining business lending should be part of your strategic plan.
For more information, call us at (877) 482-3008, or apply for financing now by filling out a 1-minute application, and we’ll get you the funds you need in as little as 24 hours.
If you’re looking for a business loan but a bank has turned you down due to low credit or collateral assessment, check out our eBook “How to Get Business Funding When Banks Say “No” today:
National Business Capital & Services is the #1 FinTech marketplace offering small business loans and services. Harnessing the power of smart technology and even smarter people, we’ve streamlined the approval process to secure over $1 billion in financing for small business owners to date.
Our expert Business Financing Advisors work within our 75+ Lender Marketplace in real time to give you easy access to the best low-interest SBA loans, short and long-term loans and business lines of credit, as well as a full suite of revenue-driving business services.
We strengthen local communities one small business loan at a time. For every deal we fund, we donate 10 meals to Feeding America!
Megan Capobianco is the Marketing Manager at National Business Capital & Services. Megan is passionate about helping business owners along their journey - providing them with relevant content they can use in their day-to-day operations.