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Sunday, September 26, 2021

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Beware of little expense; a small leak will sink a great ship.

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The finance markets have changed due the recent recession but many of the same basic lending principles still apply. Understand the players and be thorough in preparing your financial documents so that you are likely to get a fast approval at the best rates. If your business has had a down swing, evaluate whether it is worth getting a higher rate lease or loan or simply waiting until your business stabilizes again before adding more debt.