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Business Loan: How to Choose and Get Financing Wisely
... the monthly payment, the number of payments, the dates. The payment can be annuity (in equal installments) or differentiated (decreasing, when large interest is paid first). Make sure that the payment amount is realistic for your financial plan. If a grace ... ... and so do financial plans. Periodically analyze: are the forecasts you made when taking out the loan justified? Perhaps the prices of raw materials have increased, the exchange rate has changed, or new competitors have appeared that affect revenue. Adjust ...