Should you take an amortizing or simple interest loan? It's a question you'll hear often. But how do you make this important decision? An amortizing loan can be a good choice if you’re wanting a longer-term loan with lower payments. It will have a higher cost of capital. A simple interest loan can be a good choice if you’re looking for a lower total cost of capital — meaning you’ll pay less total money back — even though it may have higher APR and higher payments. Check out our full guide to amortizing vs. simple interest loans here: http://bit.ly/2LPJYt8 Want to discover what financial options are available for your small business? Using Fundera’s proprietary technology, you can apply for financing with over 30 different lenders with one application, at no cost whatsoever. Get started today: http://bit.ly/2vfz4lZ Subscribe to our YouTube channel for more videos on how to help your business succeed: http://bit.ly/2LhY8nb