Question:
My partner and I would like to purchase a small cafe. It is being sold for $39k. The banks won’t lend us money as they say cafes are too risky and we don’t have enough equity in our unit. What are our options? What is vendor financing and how do we go about it?
Answer:
Vendor financing [...]
Question:
I’m thinking of starting a new business but obviously I will need to raise funding. What are my best options?
Answer:
Your individual circumstances will dictate what will be your best course of action as far as funding is concerned. Obviously, your first option will be the financial institutions and obtaining a business loan.
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