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The UGLY Truth: Why Your GovCon Loan Costs DOUBLE the Rate You Signed For
Manage episode 511386899 series 3558822
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On this Daily Windup, Craig Cohen returns to break down one of the biggest landmines in government contracting finance: the “up to” trap. That line on your term sheet might sound generous, but it’s designed to keep you jumping through hoops while banks nickel-and-dime you with endless hidden fees. Eric shares his airline analogy that makes the whole scam click instantly.
- The danger behind “up to” language in loan agreements
- How teaser rates + fees end up costing more than transparent pricing
- Why real lenders should give you one clear list of all charges
Learn more: https://govcongiants.org/
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