Financing options for small businesses | Detroit Lakes Online

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Financing options for small businesses

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Where can you turn if you need to borrow money for your small business? It's often a smart idea to take out a loan to finance an expansion or upgrade, to consolidate debts and lower your borrowing costs or for any number of other reasons. However, in a recession, many of the usual sources of cash have dried up. The Minnesota Society of CPAs (MNCPA) offers this advice on getting funding in the current economy.


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