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I'm looking for a small business loan $5000 range are there any sources for startups? |
$5000 needed to get a start up business who is short on capital. Need to find a lender that would be willing to work with lower credit score. If you are talking about a small business loan from financial institutions and you have low credit score, your chances are a little tight. You must have collateral and equity investments poured into your business. With a low credit score, I don't know of any source. Maybe you can cut your costs. Can you work out of your home to save money? Can you buy less merchandise? I hope you have experience in that specific business because if you don't you will fail. Get a job working for someone in that same business so you can learn from him or her. Try prosper.com. It is a micro-loan website where users put in money to loan to other individuals. |
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