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10 things to ask before... Selecting a commercial lender


Business Journal
8 Dec 2016

1. How well do you know my market'

Visit several lenders to make sure they are experienced and knowledgeable about your market. That will help you find loan officers who will be able to relate to you and can understand the needs and potential of your business. The Federal Deposit Insurance Corp. website is a good source for information on a lender's location, size and history.

2. Who makes the final decision to approve a loan'

There is no reason to be looped around when applying for the loan....

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