Do you borrow from credit cards to start your business?
By clorissa123
@clorissa123 (4926)
United States
May 18, 2009 8:08pm CST
Most beginner entrepreneurs need their first bucket of gold to start a business. Where do they borrow the money from? The most common ways and likelihood are from parents, siblings, or other family members; friends; As matter of fact, people more frequently borrow the money from credit cards to start their own business. Another way is to mortgage their property to have that money to finance the business.
1 response
@showpup (232)
• United States
29 Jun 09
Zero or low interest credit cards may be a good option but with my current quest to start (actually expand) my business, I am focusing on obtaining government grants.