http://smallbusiness.blogs.cnnmoney.cnn.com/2008/02/08/how-to-get-capital-for-your-first-business/ Editors from FSB magazine answer your pressing small-business questions. Tue, 15 Dec 2009 12:52:55 +0000 http://wordpress.com/ hourly 1 http://smallbusiness.blogs.cnnmoney.cnn.com/2008/02/08/how-to-get-capital-for-your-first-business/#comment-400 Matthew, Boston, MA Mon, 11 Feb 2008 16:38:13 +0000 http://askfsb.blogs.fsb.cnn.com/2008/02/08/how-to-get-capital-for-your-first-business/#comment-400 Kailash should look closely at ACCION USA (www.accionusa.org), a non-profit organization that specializes in making microloans to startups and other businesses that have trouble accessing bank financing (e.g. restaurants). ACCION USA also specializes in working with immigrants and minorities, and applies a “character based” underwriting criteria when evaluating loan applicants. That is, they examine more than just credit scores, and would look favorably on Kailash’s extensive business experience. ACCION USA is one of the largest microlenders in the U.S., and you can apply right over the Internet: https://secure.accionusa.org/apply/ Kailash should look closely at ACCION USA (www.accionusa.org), a non-profit organization that specializes in making microloans to startups and other businesses that have trouble accessing bank financing (e.g. restaurants). ACCION USA also specializes in working with immigrants and minorities, and applies a “character based” underwriting criteria when evaluating loan applicants. That is, they examine more than just credit scores, and would look favorably on Kailash’s extensive business experience. ACCION USA is one of the largest microlenders in the U.S., and you can apply right over the Internet: https://secure.accionusa.org/apply/

]]> http://smallbusiness.blogs.cnnmoney.cnn.com/2008/02/08/how-to-get-capital-for-your-first-business/#comment-394 Vidya, Richmond, VA Fri, 08 Feb 2008 23:04:40 +0000 http://askfsb.blogs.fsb.cnn.com/2008/02/08/how-to-get-capital-for-your-first-business/#comment-394 Kailash, My advice would be to start at home catering to small parties. If you are able to get many orders and you are able to show that as a profitable business, you have a better chance at convincing venture capitalists about the probability of success of your restaurant venture. My two cents. Kailash,
My advice would be to start at home catering to small parties. If you are able to get many orders and you are able to show that as a profitable business, you have a better chance at convincing venture capitalists about the probability of success of your restaurant venture. My two cents.

]]> http://smallbusiness.blogs.cnnmoney.cnn.com/2008/02/08/how-to-get-capital-for-your-first-business/#comment-393 Sean Fri, 08 Feb 2008 21:53:41 +0000 http://askfsb.blogs.fsb.cnn.com/2008/02/08/how-to-get-capital-for-your-first-business/#comment-393 I went to www.Merchantcashandcapital.com a credit card receivables factoring company. This has got to be the best financing tool available to business owners! I went to http://www.Merchantcashandcapital.com a credit card receivables factoring company. This has got to be the best financing tool available to business owners!

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