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    9 Replies Latest reply on May 14, 2009 6:55 PM by Cash_in_Hand

    Raising Capital for a Small Business?

    klemkewins Newbie
      My
      small business (an independently-owned restaurant) recently hit a bit
      of a rough patch financially (although, I guess everyone has lately?).
      I'm getting a little worried with the beginning of the new year coming,
      and I'm not sure how we're going to make ends meet.

      I'm trying
      to weigh my options for raising more capital. I'd thought about
      business loans from my bank, but I'm worried that might bite me in the
      ass if business is slow. I came across this company that has a program
      for small businesses. They take a portion of credit card receipts as
      payment rather than a fixed rate, and it's looking pretty attractive to
      me. Does this sound like a good deal to anyone else? I'm open to
      hearing other options.