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Best place to get small business loans

     
6:48 pm on Jun 3, 2004 (gmt 0)

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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)

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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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