I have a Secretarial Service and I was wondering would I qualify for a grant. I have to equipment needed, but I was just wondering if it would be worth me trying to apply?

For others interested in SBA backed micro loans, please understand that the qualifying criteria for a micro loan is basically the same as a regular SBA/bank loan. Generally speaking they will be looking at your credit score, collateral, industry experience and your financial status.

It is easier for an existing business to be approved for a micro loan, but a start up will still have a hard time qualifying.

And as always, you still need a formal business plan.

If you are looking to obtain working capital for a business, been in business for at least 1 year, average at least $15,000 in gross volume we can help. We provide working capital to small to medium-sized business' based on your business performance so there is no collateral or any security involved. Give me a call and I'll be happy to provide your business with capital that you qualify for.

Mark Johnson
Senior Funding Analyst
AdvantEdge Corporation
718-650-6999 Ext. 139

Hello, I am interested in investing with you as a silent partner.

Please advise

dennismuller46@yahoo.com

I'm looking into crowdfunding, from my understanding this is a way to go. I'm researching a few now 1) gofundme and 2) indiegogo look them over and see for yourself.:)

It would be nearly impossible for a regular for-profit business to receive a grant. Alternative funding for small businesses is obtainable from other sources - a bank loan, a factoring service, crowdfunding or a personal loan. Bank loans are not a good idea for businesses without a steady cashflow - invoice discounting is suitable exactly for cases of irregular cashflow.
For example, if you're in an industry where client invoices are paid up to 60 days after the service has been provided.You staff, building rent, utilities, mortgage, stock, materials, etc need to be paid or the company will exhaust its resources and have to cancel new orders until more money is available. Factoring and its variations like invoice discounting, help solve that problem by using the unpaid invoice as a tradable asset, which can be sold or lent against. Factoring companies can either buy these invoices at a discount, but transfer funds within a few days, or lend money using them as a guarantee and then discount their interest when the invoice is paid.

Killian Jonhson,
Factoring UK,
http://www.factoringsolutions.co.uk/

See: www.justdonna.g2gm.com for some leads