Tag: Business Loans
Another alternative that is becoming more common is for entrepreneurs to take a loan from their retirement funds by setting up a Solo 401(k) plan with a loan feature.
For financially-strapped entrepreneurs, there are basic strategies you can take advantage of in order to raise capital for a new or current business venture, even if your bank account is not loaded with money. Consider these options for funding purposes.
Business loans can be defined as money lent for a specified amount of time at a specific interest rate to a specific person or people that operate a business or plan to operate a business. Learn what types of business loans are available to small businesses.
Finding capital when you are starting a business can be challenging. You may find that your only recourse is to use your own personal credit, and finance the business through your credit cards. Understand the risks of putting your personal credit at risk.
There are two kinds of capital: debt and equity. Both kinds are typically used by a company during its lifetime. Lenders have different objectives than investors and therefore look at different factors about a company when deciding whether or not to invest or make a loan.