BUSINESS DEBT

What if you don't qualify for business debt financing? What other financial options can you possibly consider? Well, you could perhaps try equity financing, which involves selling company shares to investors or using your own savings as business capital. Another option is known as mezzanine financing, which involves taking out an unsecured debt with high interest and where the lender has an option to convert your debt into equity if you default on payments. Finally, there's hybrid financing, which is basically a combination of equity and debt. If you choose any of these alternatives, it's important for you to work closely with a CPA and a qualified attorney to make sure you get the best possible deal... Business debt financing is often chosen by business owners to get their business ventures off the ground and it could be the right option for you as well.