Question
When securing your first business loan, you should do all of the following EXCEPT: (1 point) Responses Find your credit score Find your credit score Prepare a business plan with financial projections Prepare a business plan with financial projections Complete a loan application Complete a loan application Take the first loan option to guarantee you can get a loan
Answers
GPT-4o mini
When securing your first business loan, you should do all of the following EXCEPT: **Take the first loan option to guarantee you can get a loan.**
It's important to evaluate multiple loan options to find the best terms and interest rates rather than rushing into a loan that may not be favorable.
It's important to evaluate multiple loan options to find the best terms and interest rates rather than rushing into a loan that may not be favorable.
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