Small online business owner: Looking for short term loan.

**Jase** · 02-09-2009 09:43 AM

I’m a businessman having small scale setup my financial condition is not so good. Some time I face problem in paying monthly expenses like water bill, electricity bill etc. I am here to find a solution for it. How can I manage all these bills? Or Is it possible to take short term loan for these type of expenses? If you people have any idea so please let me know. Thanks a lot for any help.

**Benjamin** · 02-10-2009 11:00 AM

Originally Posted by Jase

I’m a businessman having small scale setup my financial condition is not so good. Some time I face problem in paying monthly expenses like water bill, electricity bill etc. I am here to find a solution for it. How can I manage all these bills? Or Is it possible to take short term loan for these type of expenses? If you people have any idea so please let me know. Thanks a lot for any help.

It’s not only your problem, it normally happens with every one. Here I would like to suggest you that try to manage your budget in a proper way. As you are looking for a short term loan I know one site which specializes in guaranteed cash payment loans . They send cash directly to your personal checking account. They provide really very good services, its really good try it hopes you get some help from it.

**Gene** · 02-10-2009 11:21 AM

My advice would be to make sure that there's nothing else you can cut out from your budget that's not necessary, before taking out a loan.

**semoweb** · 02-10-2009 12:49 PM

I would not get a load id make sure you minimize thing's with your company dont go out spending so much starting your buisness and at the end of the month your struggling with major stuff to keep the buisness alive like water, electricty doesnt matter if its ran out of home still make sure you limit your cost as much as we all hate to ay we spend before you get a loan my opion thanks for the share.

**.Andy** · 02-11-2009 07:43 PM

I'd try to limmit your spending although if a lone is truely needed then go to your bank and make a proposal. Worst off creditcards but watch the interest rate.

**rosesmith** · 02-13-2009 06:33 AM

May be but I think it will be under problem if you will make a loan for that just try to find another way to solve your financial problem.

**GlobalIT** · 03-08-2009 07:43 PM

Jase,
Since you are looking for working capitol it might be tough in this economy. If you were purchasing equipment or expanding you could look into a small business 7(a) loan. Bank of America is the best for small businesses, there is a program where you can recieve 10% of your annual sales in a credit line under the SBA. This might help on the working capitol side. But I agree cut as much of the cost as possible, then look to see what you need to keep it going.

**vlakh01** · 03-13-2009 11:16 AM

Hi There,

Putting your hands on financing nowadays is tough. If your credit profile is not too good, I am going to recommend that you try raising a personal note through your friends and family network by offering them a good rate of return. Banks are not giving much back on savings accounts and the people who know you and your work ethic may be inclined to make you a short term loan.

Other options are Business Loans and Credit Cards, but with credit issues Business Loans will be hard for you to secure unless you can offer up good collateral. SBA loans should start picking up after 03/28/09 when the new TALF program goes into effect – you may see banks loosen up a bit after that.

Good luck.

**PPC Freelancer** · 03-13-2009 11:51 AM

How about getting a part time job in the meantime.

**dfveteran** · 03-13-2009 12:23 PM

I would say, make a strict financial list and stick to it. Quicken and microsoft money can help pull you out of debt. You tell the program what your incoming money is and all your bills and what they each cost. It gives you a schedule and even reminds you when to pay bills if you want....

In the mean time, I would say get a part time job, maybe someone else in the home could take on a nother job as well.

Maybe expand your business to other horizons. If you have a website or two, try affiliate marketing along with what your website already sell. You could try some mlm that work if you do. There are so many possilbilities since you already have a business. No smart business should ever be in financial debt, but if it happens, strap down and look at your options better.

If you need help getting out of debt contact us. You can find our contact info on our blog.

**jim007** · 03-18-2009 04:11 AM

I offer Loans to individuals, Firms and cooperate bodies at low interest rate , loan terms determinant,Loan amount contact me via ..james_baxter@live.com for more info

**Ellery** · 04-07-2009 03:04 AM

You could try "Yes Loans" or Welcome Finance, both will deal with poor credit customers but charge higher interest due to the risks. (not as high as some though