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Best place to get small business loans

6:48 pm on Jun 3, 2004 (gmt 0)

Junior Member

10+ Year Member

joined:May 2, 2004
votes: 0

Anyone accually get a small business loan? Or know the best source of funding for a small start-up business loan. This is in main stream, not adult. It is also not for a large loan, probebly around 50k
7:34 pm on June 3, 2004 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:June 25, 2002
votes: 0

If you are in the US and have good personal credit, I think most people would finance 50k or less with a combination of credit lines and credit cards.

For example, my bank gave me a 10k credit line as soon as I opened my business checking and offered to increase it to 20k on request. On top of that, many credit card issuers will give you 10-20k off the bat.

If you go this route, you would probably want to rotate your cards every 6 months or so to take advantage of free and low APR deals.


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