HOW DO STARTUP COMPANIES GET LOANS?
The majority of entrepreneurs trying to start a company run into a funding roadblock, traditional banks will not lend money to startup companies because they have no collateral and a very high failure rate. A very low percentage of entrepreneurs successfully raise capital from angel investors and often give away more ownership shares than they like. So what does the average entrepreneur do when they need cash to start a business? They borrow from friends and family members, or they come to us for a middle of the road alternative. We offer a Start-Up Business Line Of Credit with ZERO interest for the first 6-24 months! Startup Business Lines of Credit are great options to get your business off the ground and propel you to the next level.