Posted by kenneirek Link: do you have any business funding sources?
on 8/26/2008, 7:01 am
72.167.36.37
I am the proprietor of a craft supply store that at present is losing money currently, resulting of today's economic standpoint. I could be considered as extremely well-off, but as of late my customer base and sales quantity has depleted a devastating amount, about 40%. I can identify that this is
reversible, and that my customer base will rebuild over againas soon as the recession ends, yet I require cash to stay open in the present day. Akin to most small business possessors at the moment, my credit isn't admirable and is in need of assi
stance. Having said that, I don't know where to go to have any luck receiving working capital loans.
I had thought about selling percentages to my business, but have made the decision try try every other option before worst case scenario. I applied unsecured loans but can't get approved. I have used cash advances prior to this efficiently, but right now haven't had enough customers pay with credit cards to get approval to receive one again. has anyone here had this problem and know where to go for loans? I have noticed that generally small business are different than corporations and am thinking that the funding for them differs as such. My store is well established, and I am positive that my customers will return as soon as the debt crisis is over. Thanks for giving me any info you can.
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