There are literally scores, if not hundreds, of advertised lending sources for small business loans, bad credit loans, commercial loans, working capital loans, lines of credit, and micro business loans… with more popping up every day. Many loan brokers advertise working capital loans but may have little experience and superficial partnerships. Some of these brokers simply refer the applications to another broker or to a single lender (which may not be the best match). This usually results in either over submission (Mistake #1) or under-analysis… yielding lower approval rates and loan amounts. Small business owners should select a lending source carefully, and only work with one (one that can search all lenders before submitting your applicaton!) if they want the easiest transparent process, as well as higher approval odds, higher loan amounts, and the best overall terms. If you are not careful, you’ll miss the best rates and terms, and end up with bad credit funding.