ForumsStarting a Business

My email is alpharheed@yahoo.com. my business is a restaurant. it called taste of afrika. we cook afrikan, jamaican and continental dishes. its located in riverdale road,college park.i opened april last year but have to close due to some improvements i need to make as per health inspectors requirement (change ceiling,new freezer,commercial range, tile in kichent ect.. i already have my menu with tasty and delicous meals and great customers too my website is www.myspace.com/tasteofafrika. i need about $15000 to get back to business again, and also purchase a van for catering service and deliveries. i am currently working to get this money,but its moving too slow due to bills.

Not sure if you will be able to get working capital funding prior to opening - especailly with bad credit but you may be able to lease the equipment you need - even with bad credit.

Once your business is open, I assume you will take credit cards as payments - you may (after 4 + months) quailfy for a business cash advance. This is not a loan but an advance against future credit card reciepts.

Other options now beside leasing the van and delivery vehicle would be:

Find a local partner who has money.
Use your existing equipment (equipment that you own) - sell that equipment to a leasing company for CASH - then lease the equipment back.
Use your personal credit cards or personal assets as collateral.

Just some thoughts

Business Money Today
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