How to Finance a Small Business...


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Jul 29, 2009
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How to Finance a Small Business

1. Decide how much money you need to start or expand your business.
2. Write a business loan proposal that outlines your company's financial history and projected profits.
3. Get a credit report.
4. Apply for a bank loan if yours is an existing business. Banks typically do not lend to start-ups.
5. Opt for one of the Small Business Administration's loan programs designed to provide start-up capital or, if you fall just short of qualifying for a bank loan, to purchase commercial real estate.
6. Consider a personal loan if you require only a small amount of money or have poor credit.
7. Apply for a line of credit at your bank if yours is an existing business in need of a flexible source of capital.

You can find out very many:
1. How to File for a Business Loan
2. How to Write a Business Loan Proposal
3. How to Incorporate a Business
4. How to Form a Limited Partnership
5. How to Form a Partnership

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