Seeking Out Small Business Start-Up Funds
Starting a small business definitely has some inherent risks - especially since many start up enterprises are funded initially from the personal assets of the owner. Though many are willing to put up funds out of the gate, many more have to open a line of credit against their current assets to be able to get their venture going.
For those seeking small amounts of capital to start their businesses, a home equity loan can provide some basic start up costs. The beauty of such an option is that such a loan can be set up well in advance of a person making the shift from their current job to being their own boss.
Loans are also available from the U.S. Small Business Administration for those seeking to borrow less than $100,000. The SBA works with nonprofit organizations to offer a product referred to as a microloan.
For more on small business start-up funding options:
http://www.phillyburbs.com/pb-dyn/news/147-10052006-723052.html
For those seeking small amounts of capital to start their businesses, a home equity loan can provide some basic start up costs. The beauty of such an option is that such a loan can be set up well in advance of a person making the shift from their current job to being their own boss.
Loans are also available from the U.S. Small Business Administration for those seeking to borrow less than $100,000. The SBA works with nonprofit organizations to offer a product referred to as a microloan.
For more on small business start-up funding options:
http://www.phillyburbs.com/pb-dyn/news/147-10052006-723052.html
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