There are several forms of business financing available for small business owners. There is a massive abundance of business credit that is also available for small businesses. This money just isn’t available at most conventional banks. Most business owners go to their bank when they need money. But banks mostly deal with SBA loans which require two years in tax returns to qualify. SBA loans only account for <2% of all business funding in the USA, Department of Revenue.

Due to tax return requirements, no business can even apply unless they have been in business for 2-3 years. Plus, to get approved, EVERYTHING on the personal and business side must be perfect. Some banks might give you a credit card, but the limit is 1/5 of what you could get through the right sources. Big banks are just not the best source of money for a new business. Still, most business owners only know to go to their bank when they need money. About 89% of applications taken at those banks are then turned down. So people then believe there is no solution, but there ARE plenty of awesome ways to get $$$.

Take a look at some of the alternative business financing that is available for you today, even if you are a startup business:

• Account Receivable Financing: Get 80% of receivables advanced in 24 hours, rates under 2% regardless of credit.
• Securities Financing: Get up to 90% of stock value with rates of 3%.
• 401K Financing: Get up to 100% of value of 401K at rates of 5% or less.
• Inventory Financing: Get 50% of inventory value with rates less than 5%.
• Equipment Sale-Leaseback: Get up to 50% of equipment value, rates of 5-20%.
• Commercial Real Estate: Get up to 65% cash-out, rates of 5% and up, good credit needed.
• Book of Business Financing: For insurance agents only, get up to 120% of surrender value, 3-10 year loan, rates of 5% or higher.
• Sign/ Wrap Financing: Get money to purchase wraps and signs, 5-15% rates.
• Equipment Financing: Get up to 100% financing, less than two months of payments, rates of 5%+.
• Rehab Financing: Get 100% of money to buy and rehab property, after-repair value must be under 65%, rates of 8%+.

Unsecured Financing: Approval amounts from $10,000 to $150,000. No consumer reporting, some business reporting. Excellent personal credit with open revolving credit. Get approved for five cards giving you five times as much as a bank will issue, 0-25% APR, 0% for 6-18 ,months, 12% success fee and report to personal reporting agencies.