There could be some debate when taking a Coke versus Pepsi taste test, but there should be no discussion about choosing money from the SBA versus borrowing on your AMEX card.
Last week, I spoke with an entrepreneur who needed some working capital. The SBA offered her an option with 11.25% interest on a 10-year amortization.
She was shocked at the 11.25% option, but I was even more struck that she didn't realize she was actively paying 36% to borrow on her Amex card!!
So, there is no comparison between Amex and SBA.
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