View Full Version : Getting A Loan?
03-16-2011, 04:21 PM
I'm nervous about not having enough cash flow the first couple of weeks of the season to pay my two employees. It takes awhile to receive invoices and I don't want to make my employees wait to get paid. I have made adjustments to my business to make it more profitable and I am confident this situation will not happen again. I was just wondering if anyone has good advice on where to go to get a small loan, (only $2,500-$5000)?
03-16-2011, 05:46 PM
First...your family...typically no interest! Second...a bank! I've been in your shoes the first few years of business (and after my divorce!)...my mom and dad always threw me some money for supplies and start up each year. I always saved money, but if I was plowing that much in the winter...more cash went out on bills than what I would bring in...and...that'll eat up the savings account rather fast!
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