Date post: | 30-Dec-2015 |
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START UP BUSINESS FINANCINGDESPITE BAD CREDIT
Many people with bad credit scoresstill manage to obtain financing forstart ups.
Here are some of the funding options toexplore to finance a business despite havingbad credit...
EQUIPMENT LEASES
A leasing company purchases equipmentand then allows you to use it for a setperiod of time in exchange for a fee.
SALE LEASEBACK FINANCING
Some start up business financingcompanies will allow you to use things you
already own as collateral for a workingcapital loan. It can be equipment,vehicles, boats, CD, jewelry etc.
CRED I T CARD F I NANC ING
I f y o u r bu s i n e s s a c c e p t s c r e d i t c a r d s ,
y o u may b e a b l e t o g e t a l o a n f r om
y o u r a me r c h a n t c a s h a d v a n c e
c ompan y .
FACTORINGA f a c t o r i n g c omp a n y w i l l u s e y o u rb u s i n e s s a c c o u n t s r e c e i v a b l e s i n
o r d e r t o g i v e y o u a wo r k i n g c a p i t a ll o a n . T h i s t y p e o f f i n a n c i n g i s
b a s e d o n t h e c r e d i t wo r t h i n e s s o fy o u r c l i e n t s .
PURCHASE ORDER FINANCING
T h i s t y p e o f f i n a n c i n g i s u s u a l l y u s e db y m a n u f a c t u r i n g c o m p a n i e s . Y o u
r e c e i v e a l a r g e o r d e r f o r y o u r p r o d u c tb u t y o u n e e d m o n e y t o c o m p e t e t h e
m a n u f a c t u r i n g p r o c e s s .
P E E R T O P E E R L E N D I N G
W i th t hese t ypes o f a r r angements ,you c r ea te a p ro f i l e on a webs i t e
w i th the s to r y o f you r bus i ness andi n f o rmat i on abou t you r f i nanc i a l
s ta tus .
CROWDFUNDING
Crowdfunding is similar to social lending in that yousolicit funds from users of a website but crowdfundingsites allow you to pool small investments from dozens
to thousands of people.
MICRO CREDIT ORGANIZATIONS
If you only need a small amount of money, you maybe able to qualify for a micro loan. Micro loans are
bad credit business loans that are providedthrough a number of micro credit organizations.
doesn’t mean that it’s not possiblefor you to pursue your dream of
owning your own business...
Having a BAD CREDIT
APPLY FORBAD CREDIT START UP BUSINESS
FINANCINGNOW!
www.BadCreditResources.com
(888) 777-4916