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creditors for referring borrowers, so not every recommendation
they make will be in your best strategic interest. NAV may
include lenders encouraging you to borrow more money than
you can pay back, or offering you unfavorable terms such as
high-interest rates. That’s why it’s important to read all terms
and conditions, carefully plan based on your current cash flow,
and be educated about good and bad terms on business credit
lines.
That said, if you know the time has come to add a particular
type of credit line to your business credit portfolio, NAV can
help you find and compare options you qualify for. NAV also
offers services, including helping small businesses apply for
grants that don’t need to be paid back, helping procure business
insurance, and assisting with payroll and accounting.
If you have any questions about this process, my team of
advisors at Major League Credit & Lending is here to help with a
complete business credit-building system.
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