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    2 Replies Latest reply on Aug 28, 2009 12:53 PM by phanio

    Small Business Expansion Financing Help

    succotash Newbie
      I have a small retail business that is growing. I just recently formed an llc after being a sole proprietor for several years, so all of my debt is on my personal credit. This is making it diffcult to get financing as it also looks like I am a new business. Any suggestions?
        • Re: Small Business Expansion Financing Help
          LUCKIEST Guide
          Small Business Expansion Financing Help

          Many suggests. Lets start with who are you?? Go to Members page and share some info.

          Do you have an Accountant?? A Lawyer??

          Tell me more and I will share my suggestions
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          • Re: Small Business Expansion Financing Help
            phanio Pioneer
            There are a few options even though you may have high ratios on your personal credit. Being retail, you should be accepting credit cards as payment. You can get a Business Cash Advance against future credit card sales. This is one of the most popular ways to finance growing businesses. There are also micro-loan programs for companies that have been turned down by banks - might be worth a look into.

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