Thursday, June 29th 2017


How to finance a small business?

Interesting Question?   (2)   (8)

Answers (1)

3rd Dec 2009 by Gary

Since no bank will lend money to someone starting a small business (unless you have such a high credit rating and balance sheet that you could finance it on your own anyway), the major way people finance a small business in order to launch it is through credit cards or a home equity loan. If a business is already operating, many times the business will secure a credit line with the bank so they can tap into it as short-term needs arise. Businesses with good relationships with their vendors or suppliers also make loan deals to raise cash to expand.

Like This Answer?   (0)   (0)
This answer is the subjective opinion of the writer and not of

21st Oct 2009 In Finance 1 Answers | 405 Views
Subjects: business, finance, small business,

Answer This Question / Give Your Opinion
How to finance a small business?

Answer: *

What country is this answer relevent to? *
Your Name: *

Enter Verification Number: *

Give Your Opinion
Who owns mutual funds?
Share a simple answer to help inform others:
Specific to any country?
First name / Alias

• Your answer will be posted here:
Who owns mutual funds?
Unanswered Questions in Finance
What is business financing?
What is a direct plus loan?
What is a hire purchase plan?
How to finance apartment?
What are the different types of discover credit cards?

Answered Questions in Finance
What is a reverse mortgage?
What is loan restructuring?
What is a prepaid debit card?
What is margin lending?
What is cash front end fee finance charge?
Ask A Question
Get opinions on what you want to know:
Specific to any country?