Business Loans Dos and Don’ts

Money is such an integral part of your business. So when the time comes and you need to secure more, where do you start? Who do you turn to? We’ve got Iman Cotton, a loans officer with CDC Small Business Finance to guide us through it. Iman says that a good place to start is by thinking, “something that sounds too good to be true, probably is.”Learn how to best prepare you and your business for a loan.In this episode you’ll hear:(01:39) How do you find a good lender?(03:29) What documents do you need to apply to a small business loan?(04:31) Mistakes small business owners make when they want to apply for a loan.(07:34) Now that you have the loan, what happens if you’re struggling to pay it back?