Georgia Small Business Financial Resources Georgia Department of Economic Development
All small businesses are different and operate in different ways. A flexible loan will offer you a wider selection of repayment options. Naturally, the main benefit of this is that you’ll be able to pay back the loan in a time frame that better suits your business. The drawback would be that it could mean you potentially repaying the loan over a longer period of time, ultimately accruing more interest. An unsecured loan, or unsecured lending, as the name implies, requires you to put no collateral or security up to cover the loan in the event of you defaulting on … Read more