If you are an entrepreneur or small business owner who does not have good personal credit but you need a small business loan of some kind to start, build, or grow your business then there’s good and bad news for you.
We’re really not here to talk about the bad news because you already know the bad news. It’s tough – some would say impossible – to get financing when your personal credit is “not so great.” After all, it’s been tough enough since The Great Recession for people with “good” credit to get financing.
Just to clarify, we’re talking about debt financing and not equity financing. This post will not cover equity financing options such as venture capital, private equity, angel investors, or the three F’s (friends/family/fools).
To read the full, original article click on this link: Small Business Financing Options For Those With Not So Great Credit
