Upload
bcresources
View
33
Download
2
Embed Size (px)
DESCRIPTION
With bad credit business loans and other financing options, many people with poor credit scores and blemishes on their credit reports still manage to obtain financing for start ups. Here are some of the funding options that you can explore to finance a business despite having bad credit.\n\nGet more information about startup business financing for bad credit at:\nhttp://www.badcreditresources.com/start-up-business-financing-despite-bad-credit\n - PowerPoint PPT Presentation
Citation preview
START UP BUSINESS FINANCINGDESPITE BAD CREDIT
Many people with bad credit scoresstill manage to obtain financing forstart ups.
Here are some of the funding options toexplore to finance a business despite havingbad credit...
EQUIPMENT LEASES
A leasing company purchases equipmentand then allows you to use it for a setperiod of time in exchange for a fee.
SALE LEASEBACK FINANCING
Some start up business financingcompanies will allow you to use things you
already own as collateral for a workingcapital loan. It can be equipment,vehicles, boats, CD, jewelry etc.
CRED I T CARD F I NANC ING
I f y o u r bu s i n e s s a c c e p t s c r e d i t c a r d s ,
y o u may b e a b l e t o g e t a l o a n f r om
y o u r a me r c h a n t c a s h a d v a n c e
c ompan y .
FACTORINGA f a c t o r i n g c omp a n y w i l l u s e y o u rb u s i n e s s a c c o u n t s r e c e i v a b l e s i n
o r d e r t o g i v e y o u a wo r k i n g c a p i t a ll o a n . T h i s t y p e o f f i n a n c i n g i s
b a s e d o n t h e c r e d i t wo r t h i n e s s o fy o u r c l i e n t s .
PURCHASE ORDER FINANCING
T h i s t y p e o f f i n a n c i n g i s u s u a l l y u s e db y m a n u f a c t u r i n g c o m p a n i e s . Y o u
r e c e i v e a l a r g e o r d e r f o r y o u r p r o d u c tb u t y o u n e e d m o n e y t o c o m p e t e t h e
m a n u f a c t u r i n g p r o c e s s .
P E E R T O P E E R L E N D I N G
W i th t hese t ypes o f a r r angements ,you c r ea te a p ro f i l e on a webs i t e
w i th the s to r y o f you r bus i ness andi n f o rmat i on abou t you r f i nanc i a l
s ta tus .
CROWDFUNDING
Crowdfunding is similar to social lending in that yousolicit funds from users of a website but crowdfundingsites allow you to pool small investments from dozens
to thousands of people.
MICRO CREDIT ORGANIZATIONS
If you only need a small amount of money, you maybe able to qualify for a micro loan. Micro loans are
bad credit business loans that are providedthrough a number of micro credit organizations.
doesn’t mean that it’s not possiblefor you to pursue your dream of
owning your own business...
Having a BAD CREDIT
APPLY FORBAD CREDIT START UP BUSINESS
FINANCINGNOW!
www.BadCreditResources.com
(888) 777-4916