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The truth about Asset Based Financing for Small Business

Business owners should not do math in their head.   Here is an example of dialogue regarding asset-based financing rates: Lender: “Your rate could be 2%/mo.” The business owner: “That’s 24%! My profit margin is only 20%! I would lose money by borrowing!”   Unfortunately, this knee-jerk reaction blinds them from understanding how it ACTUALLY […]

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