Most business people come to the loan application or inquiry process with some preconceived ideas of what to expect. Usually, they center around two prevailing thoughts: A big bank loan is my only option. I need to borrow an enormous amount of money. And they simply just aren’t true. The Internet is full of information. Unfortunately, it’s also full of plenty of misinformation. Your parents or grandparents might dispel sound business advice, but it might not represent the new developments in business borrowing. We’ve taken the initiative to discuss and dispel the most commonly heard myths to give you accurate information.