Looking for capital with no credit

**gregdavidson** · 01-07-2008 02:38 PM

I'm thinking about trying to raise capital for a business idea I have but I am unsure where to look. I currently don't have any credit and no rich relatives to turn to. What can a person in my situation do to borrow money?

**BusinessAdviser** · 01-07-2008 03:24 PM

Bank loan
VC
Angel
Credit cards
Family and friends
Etc.

**jasaunders** · 01-07-2008 04:29 PM

Search this forum. The topic has been covered dozens of times.

Go to my blog and look for the topic on 10 ways to fund your business (I am too lazy to go copy and paste the article for you).

**Isabella_35** · 01-07-2008 05:21 PM

I am not sure if this will help you, but it I just read it.
Where can I send it?

**DPayne** · 01-07-2008 05:58 PM

How much are you looking for? A few thousand, Hundreds of thousands, millions?

Any joker can get approved for a few thousand dollars, the other two get a bit more tricky.

check out Personal & Small Business Loans at Prosper.com - the P2P Lending Marketplace. - Prosper. Its a peer to peer lending site. However, if you have no credit, be prepared to get a steep interest rate.