How difficult is it to get a business loan?
Yes you can do that, however any limited liability protections that you were hoping for in your business is obviously thrown out the window.
by Ryan M - 21 hours ago
It's very difficult to finance a start up without using your personal credit at the beginning. Basically, your business doesn't have any credit to base it off of. Either you need an investor or to piggy back off of your personal credit. I'd suggest looking into crowdfunding as a different approach to keep your personal credit out of it. Crowdfunding is the latest trend in the entrepreneurial world. It is one of the only no-cost and low-risk financing option available. In its simplest form, crowdfunding is gathering a group of followers via social media and other online marketing tools who will contribute funds to breathe life into your ideas and company.
by Misty - 21 hours ago
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