Prosper.com - another way to finance your small business.
Here is another tool to help you finance your small business: Prosper.com
The premise of the site is straightforward - it cuts out the middle man (banks) and puts lenders directly in contact with borrowers. Simply join a group and post your borrowing (or lending) needs or goals. If you “sell” your business and business plan well - and have a good credit rating - you might be able to get some additional startup capital at interests rates well below those of big banks.
The Attig Law Firm recommends that a startup business enterprise consider all other sources of financing before taking out loans. As always, before signing any loan agreement, investment a small amount of time and money to protect your business interests: have a small business attorney look over the loan documents before you sign.
