SCORE: How to finance a startup business

SCORE: How to finance a startup business - http://www.naplesnews.com Avatar Posted by arthurbland under Finance
From http://www.naplesnews.com 4076 days ago
Made Hot by: maplesummit on August 4, 2009 8:19 pm
I want to start a new auto repair business. I have some savings but will need a business line of credit to tide me over until I can generate enough revenue to pay the bills and provide a steady income for my family. What are my options?

A: Steven, if what's standing between you and starting your own business is a lack of money there are a number of reasonable start-up capital options available to aspiring entrepreneurs. The key is planning. Your financing strategy must make sense to both you and your prospective lender.





Comments


Written by lyceum
4075 days ago

Which criteria do you have to meet in order to apply for a Small Business Administration (SBA) guaranteed loan?



Written by ShawnHessinger
4075 days ago

Bootstrapping is a good approach here too...figuring how you can start the business for next to nothing and growing it on cash flow.



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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!