Each month over 500,000 new businesses are formed in the US. The vast majority of them struggle to secure funding so they can launch their dream business.
Venture Capital & Crowdfunding are often portrayed as exciting options, but less than 2% of these new businesses find any funding with venture capital or crowd funding.
SBA startup loans are also very difficult to qualify for. Typically they require that you have collateral to back up any type of startup loan including, but not limited to real estate with no debt (free & clear), equipment and/or a 401k/IRA. Essentially, traditional banks and SBA like to avoid startup funding risks.
In reality 0% Credit Card Stacking and personal loans end up being some of the best startup funding opportunities. At 7 Figures Funding, we’ve been fortunate to secure startup funding for thousands of new entrepreneurs/small business owners.
Click the Get Started button below to look at your free pre-approval options (no impact to your credit).