You’ve likely been flooded by direct mailers and web ads from online-only business lenders if you own and run a business or want to start one up. Their typical mantra goes one thing similar to this: be eligible for a sizable amount of business money in just a matter of moments and obtain the funding within 48 to 72 hours!
Seems like a pretty clear-cut deal, right? Certainly not. A majority of these pervasive, well-funded advertising campaigns have a tendency to abandon some important details — through the exorbitantly high interest rates (up to 150 % APR) to high-pressure product product sales pitches made to attract and retain your company. Read more »