After I signed on the dotted line, the real work began. The funds from my business loan were sitting in LendEDU’s bank account, and we finally had the capital we needed ahead of the busiest time of the year.
Getting your small business loan funded is an exciting time for an entrepreneur. While you want to take time to celebrate, you also know that you need to get down to work and use that money to grow your business.
Locking down the money is, after all, only half the battle. You also want to make sure you have everything in place to spend it right and be in a position to repay the loan responsibly so that you can build good business credit and set yourself up for future borrowing success.