ForumsFinancing Tips

Lots of options out there. May be a little more expensive than traditional sources but sometimes, especially in times like these, you have to do what you have to do!

As stated above, you could get a cash advance against future credit card sales.

If you have receivables, you could factor those receivables for a loan or lines of credit.

If you have equipment, you could sell that equipment to a leasing company - then lease it back. You get cash for the equipment and make payments (just like a loan) for the lease.

There are unsecured sources of credit in the amount you are seeking but require very high personal credit scores.

Can always fall back on business credit cards for purchases.

Or, network in your community for an investor(s) who will not only provide capital but advice and guidance.

Like to discuss these, can email me at joelizio@businessmoneytoday.com

Just some thoughts.

creditbuilder - is there a time we can chat offline? I would like to learn more about what you offer - might be able to send some business your way.

Go over to voiceenbler.com I am sure you will get the help you seek very quickly.

Joe was your original reply to me or to Creditbuilder?

Do you currently accept credit cards?

If you would like to give me a ring I know an easy firm for you to work with who would be willing to assist you at once. You will find my contact information in my profile. You may also email me at instantv@gmail.com with your contact info.

Hi there,

There are a couple of options. If you have a crisp business plan I am going to recommend that you keep a lookout for news about the TALF program going into effect at local and regional banks in your area. The word is that the SBA programs is going to pick up a lot of the slack in the banks willingness to lend. Now that the SBA will be protecting the banks lending, they should be able to loosen up some. Approach credit unions as well since their balance sheets are well capitalized.

You may be able to get a larger loan to payoff your existing loan. Instead of firing people consider reduction in work hours until cash flow picks up some. For more information on Business and Personal Credit, and everything about lending visit this forum and our website that gives you bank lists and much more.

Good luck.

Vivek L.
http://www.smallbusinessplanresources.com

En Espanol
http://www.smallbusinessplanresources.com/spanish