TIPS FOR COMPARING SMALL BUSINESS LOANS.

• Position: SMALL BUSINESS RESOURCES: Finance

* Where possible, prequalify.

* Determine how you want to receive your funds. If you want to receive your funds up front, choose a traditional working capital or term loan. However, if you want to use funds only as you need them, consider a business line of credit.

* Consider the repayment terms and flexibility.

* Look out for additional fees. Lender may require borrowers to pay origination fees, late payment fees, prepayment penalties or any other...