You’ll receive a closing disclosure form and should compare it to the Small Business Loans estimate you received in step 3. If there are any discrepancies, be sure to ask for clarification from your lender. If you do decide to cosign a Small Business Loans, it’s important that you shop around for the best terms and interest rates. Keep in mind that the lender will do a hard credit pull on you and your cosigner, which can impact both of your credit scores, even if the loan is paid on time.