Questions to ask before taking out a business loan

Though it seems counterintuitive, bigger isn’t necessarily better when it comes to small-business loan requests and, in fact, asking for more money than you actually need can result in rejection, writes Joe Camberato, CEO of National Business Capital. Asking yourself questions such as how much you actually need and what you need it for, and choosing a lender familiar with your industry can help increase your chances of loan approval.