Yamarket Academy

small business lending, explained in plain terms

small business lending, explained in plain terms

Living

A plain look at what changed, and what it means from here.

The change has been coming for a while, but it only became obvious this year.

What actually changed

There is a deadline involved, and missing it costs more than the difference. Most of the confusion comes from two terms that sound alike and mean different things.

What to check first

Most of the confusion comes from two terms that sound alike and mean different things. There is a deadline involved, and missing it costs more than the difference.

Where to go from here

Nobody is required to explain this to you, which is half the problem. The exceptions matter more than the rule, and there are three of them.

It rewards a little attention now and punishes leaving it to next year.