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As you explore various hospitality financing products and options, naturally you want to educate yourself with facts vs. myths. After all, we aren’t just talking about buying a coffee maker here (although some of them can be pretty expensive these days!). We’re talking about your business and its future. Getting the wrong hospitality financing is bound to drive up both your costs and stress levels, and hurl you behind your competition when your goal is to surge ahead.
Considering this, here are 3 things you need to know about hospitality financing that you may not learn elsewhere because the lending landscape is rife with misinformation, myths, and in some cases, outright falsehoods:
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Joseph Camberato, CEO of National Business Capital, developed a passion for business at a young age. Joe started his company in 2007 in his spare bedroom and has grown to secure over $1 Billion dollars in financing for small business owners nationwide. National’s team has an amazing culture and has been name the #1 Top Workplace on Long Island 3 years in a row and counting. Joe is a trusted financial expert who’s published more than 2,000 articles in the last 3 years. His articles have generated over 5 million page views and has been featured on blogs such as Google News, Yahoo, CNBC, Forbes Magazine, etc. His passion has also inspired him to build the "GrowByJoe” YouTube channel where he shares his insights into small business trends and tips for growth. Joe also holds a seat on Forbes Finance Council and is an active member of the Young Presidents' Organization (YPO), a global leadership community.