Jargon-busting for knowledgeable lending
For every business that uses a broker to source a funding solution, there are many that approach lenders directly and realise all too late that their loan has brought with it unexpected charges and responsibilities.
The obvious advice, to read the small print, is easy right? Unfortunately not, as some of the financial terminology in that small print is either unknown or not fully/misunderstood.
'PG' springs to mind, so commonly used that you rarely see it unabbreviated and therefore its meaning is missed. In business, no loan wi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...