Alternative Financing

If you are thinking about starting a business or already have one, you know that the traditional bank loan for financing has basically dried up. As a result, small businesses should think about alternative financing strategies for financing. Some strategies include equipment leasing, sale-leaseback for working capital, invoice factoring, and credit card sales receivables. These strategies can be more expensive than a traditional bank loan, but when you are starving for cash they may be exactly what your small business needs to keep growing.