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Out-of-the-Box Loan Options to Start a Small Business

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April 23, 2013

Bob Coleman
Editor, Coleman Report

borro“If you are price sensitive we are probably not an option. If you are speed sensitive we are,” says the president of the online pawn shop, Burro.

The “speed to market and pay whatever it takes” theme is consistent with other small business financing options in this Fox Small Business report.

Donna Fuscaldo writes, “At the end of the day, small businesses have to be willing to be creative and not give up when one door slams shut. Being flexible may mean borrowing from friends or family, tapping the equity in your home or even putting it all on credit cards.”

“Small businesses need to look at all the different options,” says SBA 504 expert Chris Hurn. “People give up too quickly.”

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