Never Enough Startup Capital

keeping separate accounts for investment properties

A survey of the 500 fastest growing private companies in America by Inc. magazine revealed that their biggest mistake or challenge their first year was shortage of capital. This is a very common problem.

“One of the primary reasons why most businesses fail is a lack of available cash.”
– Mitchell Weiss, Former Financial Services Executive & author of Business Happens.

“One of the primary reasons why most businesses fail is a lack of available cash,” warns Mitchell Weiss, a former financial services executive and the author of Business Happens. “People just starting out don’t want to borrow or think about it. As lots of people know, you can get money when you don’t need it and it’s hard to get it when you do. You want a line of credit so you can tap it when you need it.”

In my book Finance Your Own Business: Get on the Financing Fast Track we discuss the merits (and downsides) of many of these financing approaches and how you may be able to use them get the funding you need. We will also share some you may have not heard much about such as raising money from foreign investors seeking US visas, merchant cash advances and SBIR grants.

But we’ll also talk about something you typically won’t find in a business financing book: how these methods may affect your credit.

Starting a business is risky. You’ve seen the statistics about how many fail. But you wouldn’t be reading this article if you aren’t at least contemplating entrepreneurship. Our goal at Corporate Direct is to help you minimize the risks as much as possible. Starting a risk-free business isn’t realistic. There are no guarantees in life. But learning how to minimize the risk to your personal credit and your personal assets will make it easier for you to weather the inevitable ups and downs.

Learn More About Business Lines of Credit

Finance Your Own Business

Our book Finance Your Own Business: Get On The Financing Fast Track details the power of business credit, how to get an SBA loan, the secrets of micro lenders, the benefits of crowdfunding and more.

Order Book Now
Free Shipping!

Fill out the form on this page and we will let you know when the new book is released and offer early bird discounts. Plus you’ll get a free guide today – The Levels of Business Credit. (And don’t worry: we know you’re busy so we won’t flood you with email.)

Get a Free Guide To Business Credit

  • Climb the Levels of Business Credit - Get the Guide
  • captcha

Business Financing Resources

  • Nav
    Get a free business and personal credit score summary and score. No credit card required. Easy to use and valuable insights all in one spot.
    Authorize.Net enables merchants to authorize, settle and manage credit card and electronic check transactions via Web sites, retail stores, mail order/telephone order (MOTO) call centers and mobile devices.
  • Fundera
    Fundera is the safe, friendly, and free way to find your lowest rates on small business loans, guaranteed.
  • Kabbage
    Kabbage gives you the security of working capital whenever you need it.
  • OnDeck
    OnDeck delivers true small business loans using our OnDeck Score technology, which focuses on the health of your business - not your personal credit score. To get the offer, please type MRP-CRP-001 in the form field listed as Partner ID.
  • iDefend Business
    Protect yourself and your business from criminals that steal business identities. Business identity theft not only hurts the company, but also employees, suppliers, and even customers.