It’s no secret that cash is king when running a small business.

More so when starting a business which brings another age old truth comes to mind – you need money to make money. Today’s world of innovative banking has lenders from all over the globe simplifying processes through various online applications. While this reduces the amount of paperwork, it creates a virtual minefield for business owners.

Let’s face it, while the internet is making our lives much easier, there is still some apprehension in the air when asked to share your private information on line.

Here are some tips to help you make the right decisions when selecting a suitable lender for your business loan.