Business Loan Cosigner: When Should You Use One?

Business Loan Cosigner: When Should You Use One?

A business loan cosigner is an individual who signs on to guarantee a loan’s repayment in order to increase the odds of a borrower’s approval. The cosigner is 100% liable for the loan, just like the primary borrower. A cosigner is most helpful for borrowers with bad credit and startups looking for business financing. In…

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