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Leasing

While leasing isn’t a loan, it could be an effective way to reduce the amount of money needed to start or expand.  Leasing allows the business to use machinery, vehicles or other equipment similar to how one would a rent, except over a longer term.  A leasing company owns the asset but the business uses

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Seller Financing

If you are buying an existing business, seller financing can be an effective way to lower the amount of money a buyer needs out of pocket to take over. Instead of the bank providing all of the debt financing, the seller acts as a bank and holds some of the loan.  The buyer makes a

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Preselling to Customers

An often overlooked but brilliant way to get money to start a business is through preselling to customers. When you have the business close to launch, you can ask customers to buy your product before having the product or service ready to sell.   We worked with a company that rented products to college students

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Peer to Peer Lending

Peer to Peer or P2P lending is an fairly new option for small businesses to obtain funding.  P2P lending bypasses the bank and directly connects borrows with investors through an internet based marketplace This arrangement serves a need where financial institutions would not traditionally lend.   Interest rates are determined by the credit score of

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