As the Credit Crunch deepens, there are fewer and fewer options available if you need to raise funds for a new business, or to invest in your existing salon business. The Bytestart.co.uk “small business portal” website has a quick overview of Borrowing Options for Small Businesses, and more in-depth articles on many of the options -
“Many businesses will need to raise funds at some time - either at the start-up stage, or to fund ongoing expansion. With credit currently in short supply, here is an overview of the various options open to small businesses looking to raise funds.”
The options include -
- Bank Overdraft
- Business Loan
- Asset Financing
- Small Firms Loan Guarantee Scheme
- Commercial Mortages
- and Investment Funding
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