Research can help keep businesses from being victims of predatory lenders

Small businesses face challenges on a daily basis and the holiday season is no exception.

With the stress that comes with the holiday season, some small business owners become vulnerable to predatory lenders who target them with loans that seem too good to be true. However, small business owners can access many resources to make sure they don’t fall victim to a predatory loan.

As with any loan, research is key. For example, before applying for a loan, the business owner should research current interest rates to get a good sense of what they should expect. If a lender is offering something exce...