[P.O.W.E.R. Plug Podcast] Take the Fear Out of Loans + Lending to Grow Your Business
You may have started your business using credit cards, But to grow it to the next level may take more funding without high interest rates. It's time to take the mystery and fear out of getting a loan and other forms of lending to grow your business.
In this episode, I talk with Casey Fletcher, commercial lender with Fidelity Bank. Casey comes to Fidelity with not only lending experience, but also experience working with different types of companies. She knows firsthand that not all businesses are alike, and not all needs are alike, when it comes to growing and building your business.
The most common reasons business owners and entrepreneurs need a loan
What's the difference between a business loan and a line of credit
How to know when to stop using credit cards and start considering a loan or line of credit
Why you should be wary of "easy" loan offers in the mail or online
The two big mistakes small business owners make before they look to get a loan
What steps to expect in the commercial loan process
How long it typically takes to get a loan and why it's never too early to talk with your banker