This is a guest contribution from Bill Hazelton, CEO and Founder of Credit Card Assist, a leading pro-consumer, credit card information resource.
It takes a lot of guts to run a small business these days. You need to be your own boss, your own IT team, your own cleaning crew and, most importantly, your own accountant. Typically, money is always tight in the first year (or few years for some), and things will only get tougher if you can’t find sources of financing to support your early growth track. The problem is that ever since the economic implosion that started back in 2008, the banks have severely tightened their lending criteria. So, what does a small business owner have to do to find funding for his or her business? Get creative.
To successfully fund your new business these days, you’ll have to think outside the box, over the box and sometimes even on top of the box. We’re talking Zappa-style unorthodox here. If you’re not exactly the creative type though, it might be difficult to conjure up creative financing ideas. In order to help you kick-start the thought process, we’ve come up with a list of 5 creative ways to fund your small business.
