Is it fraud to lie on a government small business loan application?

An entrepreneur who lies when applying for a government small business loan it is indeed considered fraud, as the agreement you must sign in order to receive any small business loan funds will, as part of its terms, require you indicate all information you submitted during your application is truthful. The nature of the lie you use to get a small business loan from the government may mediate the degree of fraud committed, but you would be better off using a more thorough information resource to legitimately find a small business loan that suits your objectives rather than committing any degree of fraud. Call our freephone number, 020 3880 8554, if you want to talk with an UKStartups.org representative. You may also complete our site’s contact form for more information at your convenience.

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