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Home Based Business Solutions, Issue #005 -- Business Startup Loans and Small Business Financing
November 07, 2007
Business Startup Loans and Small Business Financing
New business startup loans and small business financing can be very difficult to find from traditional funding sources. Many commercial banks will not even look at the new business startup or small businesses in general unless they have plenty of capital sitting in a bank account and a long record of financial success. That is a catch 22. Small business owners know that is most cases if they had the additional working capital they would be able to expand and increase their profits. Unfortunately, most of us may not have much cash laying around.
The good news is that there are funding sources that will think outside the box and look at many different types of financing to fit your small business needs. There are many different ways a home based business can get various types of funding as well. Your small business may be sitting on untapped credit lines and assets that you do not even realize.
Some Occupations and Industries that Small Business Financing is Available for:
If your business does not fit into the above categories there may still be funding available for you. In my article; Small Business Funding and Business Startup Loans I explain the different types of small business financing programs available. At the bottom of the article there is a contact form to get additional information for your small business funding needs.
It used to be very difficult for new business startups to get financing. If you found private investors it seemed like you would have to give half the business away. If not you would have to use your own money and risk everything that you worked so hard to get. However there are sources that will not suck the life blood out of your great small business idea.
Small Business Financing Types Most Overlooked or Difficult to Get:
There are sources for business startup loans and small business funding that will help you to get more working capital, new equipment and extra lines of business credit without tapping into personal lines of credit. You do not always have to have stellar credit either. Do not over look the seen and unseen assets your business already has as well as the potential for future growth. Getting the facts about what is available to your small business and be the first step to increasing your profits!
Visit www.home-based-business-solutions home page more free information, startup ideas and products!
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