where can i get a loan or line of credit without putting money down when starting a small business?

Aug 31, 2009 in Business Line Of Credit

Im planning on starting a new online small business soon but at wells fargo they said i would have to put 20% of how much im borrowing to get a line of credit but i dont have the money. I have so so good credit, any suggestions on where i can go?

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4 comments

Larry M on August 31, 2009 at 11:39 am

See if you can set up a personal line of credit at your own bank or somewhere else. DON"T tell them why… you just want a personal line of credit. After you get this, you can lend your new business money and pay yourself back as time and cashflow permit.
Smoothie on August 31, 2009 at 11:39 am

prosper.com
Ruby on August 31, 2009 at 11:39 am

try City Bank
ink i on August 31, 2009 at 11:39 am

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