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Business How to Start a Business Financing Our Company Debt Financing

Rachelle Wood
Rachelle Wood
15,362 Points
Posted by Rachelle Wood
Rachelle Wood
15,362 Points

Other alternatives in US

Hi all, This is not a question but more of an information thread for those who are residents and/or citizens of the US and want to set up a business. As of right now, debt financing for small businesses and startups for smaller loans is not provided that often anymore by banks. It is provided by alternative lenders. I took a free webinar about this very subject from SCORE. I highly recommend going to the SCORE website and searching it for small business funding.

Bank loans are more for well-established, larger businesses who are looking to borrow big sums. They really are not that interested in smaller fry.

Ira Salem
Ira Salem
10,331 Points

Thanks for the info. I will check out the SCORE you are talking about.