Thursday, September 2, 2010

So... how exactly do I cover start-up costs for my business?

Business loans?

Grants?

Investors?

Yep. They're all options. But as everyone knows, the economy is crap right now... I can't tell you how many places are closing, going out of business, and all the houses up for sale are absolutely ridiculous.

Every block I see at least two or three signs... "Price reduced!" "New price!"

There is a 4 bedroom house for sale in my area for roughly 80k. ?!?!?! Wha?!?! Is that even feasible in this century???

Apparently it is. And why have these houses been sitting there, businesses closing, and no one is getting anywhere anymore or able to follow their business dreams?

Because the banks are refusing to give out loans. You have to have pretty much perfect credit to get one, and unless you're my dad, you don't have perfect credit. I know I certainly don't... which is why I don't even consider applying for credit cards anymore, because I always end up forgetting the payment or having so many random fees accumulate that I owe three times what I actually spent.

So is there an alternative business loan that one can get to either pursue or continue to pursue their business endeavors?

Actually, there is. A loan taken out against future credit card transactions.

That sounds nice and pain-free, I want to say it again =).

A business loan taken out against future credit card transactions.

...

Interested?

Check it out.

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