Financing your Business Startup – Alternative Loan Sources
As small business owners struggle to find credit in a credit-empty economy, they are discovering other credit sources that have been overlooked. Today, some sources of funding that might help you and your Baby Boomer business through the credit crunch. On my About.com Guide Site, I put together a comprehensive list of sources for business startup and growth financing.
Here are a few possibilities, just to get you thinking:
Trade credit/vendor financing. Getting credit from vendors works well for equipment and office purchases for startup and expansion.
Seller financing for buying a business. Having the seller as your bank may be the only …read more