Forums: Discussions for entrepreneurs and small business.

You sound extremely frustrated, Wildstorm.  I feel your pain.  I can vouch that it certainly takes a lot of patience when trying to start up a new business and find the proper financing for it.

I have recently decided that I need to change my home-based business, because I have outgrown my space.  Right now, I need to locate a physical location for my business, and I need the proper equipment to conduct my ‘professional’ classes.

In addition, I need to expand my business, and I have no cash to pursue my venture.  What I am looking for is a small business start up loan, preferably an unsecured business loan. 

I’ve been having problems getting a loan because I don’t have enough collateral.

It would be nice to find a lending resource that does what it actually says.

I always feel like I trying to sell someone a pipe dream whenever I approach a bank or financing institution.

Getting investors is not contingent on credit scoring. You can go to www.breadstreet.com they have investors that all they are looking at is your idea plausible and what their return would be.

Totally agree with the fact that there are several private firms which are ready to invest in your business plan and not the credit score. Hence, I would recommend you to search online for such funding companies.

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Invoice Factoring

Funding to a new business by the companies, is good. But business loan is also a good option if you didn't get a single one for investment and loan via bank is much secured.

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