Let’s be real for a second. Small business funding sounds straightforward, right? You need cash, you get a loan, and boom—problem solved. 

Wrong. 

In reality, not fully understanding small business funding can wreck your business faster than a late-night tax audit. We’re not talking about just missing out on better rates or leaving money on the table; we're talking about sinking your whole damn ship because you didn’t read the fine print.

Here’s the deal: small business funding is more than just getting approved for a loan. If you don't understand how to navigate the landscape, you’re setting yourself up for financial headaches—and, in some cases, straight-up failure.

The Interest Rate Illusion: Don’t Get Fooled

"Low interest rate!" That's how they hook you, right? Sounds sexy, but let’s dig deeper. 

A low rate on a loan doesn’t always mean you’re saving money in the long run. Short repayment...