Small business loans have advantages, such as helping to provide growth opportunities for your business. However, it’s important to weigh both the risks and benefits of business loans before you jump straight into the application process.
This quick assessment will determine whether or not you are ready to apply for a business loan, and also give you detailed feedback about your results. Whether you’re ready to apply, or you decide now may not be the right time, we’ll guide you through the next steps you can take. You can also read our should I get a business loan guide.