It is not easy getting a new company rolling. You had big plans and a great idea, but once you start putting that plan into motion, reality sets in. Now you have to buy equipment, pay salaries, apply for licenses and rent a facility. How are you supposed to set your dream in motion when the reality of needing business funding is keeping those dreams in a stranglehold. That’s where we come in. All it takes is a little creativity and know-how to locate the money you need, even if you don’t have established credit, and we can give you that know-how.

It can be difficult seeking funding when you have no credit. Banks are not the bad guys. They like lending money. That’s how they make their money, on the interest earned from the money they lend. But they assume a lot of risk when they lend out their capital and they usually want some kind of indication that their investment is secure. This is why they perform credit checks and ask for personal guarantees.

A personal guarantee is when the borrower “guarantees” that he or she will pay back a business loan out of their own pocket if somehow the company is unable to pay it. This way the bank or lender passes some of the risk onto the borrower. The only problem is that lenders usually have deeper pockets than you do, and they can stand to take on more risk. If your company goes under, can you really afford to cover the cost of business loans?

To get around the problem, we suggest you try to get other kinds of funding that does not require you to put up a personal guarantee. Have you heard of microlending? You can get money of up to five thousand dollars without having to go to a bank. This can get your company on its feet without the risk of a huge debt weighing on your shoulders.

You could try selling equity. What is this? The way it works is that you sell your company to one or more investors and then you stay on as an employee. You run the company and the investors handle the financial details behind the scenes. That way you do what you do best and the money people do what they do best. There is hardly a better recipe for success than to have the right people doing the right job, and you didn’t really want to spend all your time worrying about money issues, did you?

And there are many more ways to get that money. You just have to go out and get it. But you have to know where to look and who to talk to. That’s where we come in. Give us the opportunity to show you how to accomplish your dream of owning your own business by getting the business funding you need. Contact us for our free guide and get started today.

Are you looking for information on get business funding? Visit http://business-loan-secrets.com/ to learn how!

Are you looking for information on get business funding? Visit http://business-loan-secrets.com/ to learn how!

Author Bio: Are you looking for information on get business funding? Visit http://business-loan-secrets.com/ to learn how!

Category: Business
Keywords: get business funding