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Getting a small business loan can be complicated, but don’t believe everything you hear about the process. Here are six small business loan myths to reconsider.
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When many think of online lending, they think of loan sharks, payday loans, or scams. They define online lending by early products like mcas (merchant cash advances) or short-term loans and write the industry off under the assumption that all products found online come with double- or even triple-digit annual percentage rates (APR).
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