Choosing a product
Questions to ask before accepting financing
Ten direct questions that surface the real cost and terms before you sign.
Written by Fundrillo Editorial TeamReviewed by [VERIFIED REVIEWER — financial-services]
Last updated August 1, 20266 min read
A good offer holds up to direct questions. Ask these before you sign anything.
Ten questions worth asking
- What is the total amount I will repay?
- How is the cost expressed — APR, factor rate, or fees?
- How often are payments collected?
- Are there origination or other fees?
- What are the prepayment terms?
- Is collateral or a personal guarantee required?
- What happens if I miss a payment?
- Can the terms change over time?
- Who do I contact with questions?
- What is the funding timeline?