Borrowing Basics

This a financial workshop series in partnership with BMO Harris Bank. For the first session we will provide training for business owners about financial services and basic literacy terminology. The topics to cover is this session should be:  Define what “credit” and a “loan” is • Distinguish between secured and unsecured loans • Identify three types of loans • Identify the costs associated with getting a loan • Identify the factors lenders use to make loan decisions