Coffee shop financing?

[Betty35]

I think it is necessary to think about investor help

[ManuelPalmaCoffee]

I would say go friends and family route first. In terms of equipment either find it used or lease it. At least for the
first year or two. It will be hard to get a small business loan with anything less than two years of tax returns, you
will probably need three. If you go to a hard money lender you will pay interest in the teens.

**I am not a certified accountant or money manager**

Also, if you have financial discipline and a good credit maybe open a new credit card with a no interest period.
For the first couple of years of your business it will be easy to draw credit from your personal finances since
the business will have no track record.

[duyngaodu]

You can spend a little money to run your own business, coffee business does not need to borrow too much

[Chunk]

thanks for sharing!

[mimimikikiki]

Bank term loans and lines-of-credit are by far the best financing options for new and existing coffee shops. Banks are able to offer financing to coffee shops at such low rates because the traditional lenders are unwilling to take much risk.

[Boromir]

You can spend a little money to run your own business, coffee business does not need to borrow too much

Didn't get you could you please be more exact?