Want to start my own business but need a loan or grant where do i start?
A true business credit card is a line of credit that is taken in the name of the business, under the business’ credit. Activity, whether good or bad, is reflected on your business’ credit report through D&B and other financial institutions, and the liability for any debts incurred and bills owed is with the business.However, some companies out there offer “business” credit cards which they require a person guarantee for. These institutions will often ask for a personal guarantee, and will almost always ask for a social security number from the person applying for the card. If this is the case, the credit card is not a business credit card, but is simply a personal credit card which is used for the business. The business is not liable for bills and debts – you are.When applying for a credit card for your business, watch out for areas asking for your SSN (and not your TaxID or EIN) and be wary of any credit card that asks for a personal guarantee. By ensuring that your credit card is in
you need to start with your business plan no matter where you go you will need this contact the princes trust if your in the uk details can be found on the web they do grants and low interest loans but most helpful is the template they give for business plan its basically set out ready for your to fill in you can then copy this out for other lenders. I found that Natwest bank were super helpful and even helped me get a few jobs and put together some advetising.. abbey is also meant to give a good business account. Good luck i started this year and its not as difficult as you would think just lend that extra bit to tide you over for the first few months.
why would you need a loan???…I start online businesses….and have made guu-ruus of money!!!…but anyhow, if you absolutly need a loan, you can get a loan really easy on Prosper.com. Here, people (lenders) that have money, lend out their money. You pay the lenders, plus an interest rate. It is a great website. I am a lender!! HE HE!!
