By NAN Business Editor
News Americas, NEW YORK, NY, Weds. Nov, 21, 2018: If you are looking to start a company in the U.S. or Canada, you don’t have to drain your entire savings, borrow from family members or pull your hair out.
A Startup loan is a great way to get funding for a new business venture.
A startup line of credit, which can be interest free for 9-15 months, is a great way to get your business off the ground without being saddled with interest payments right away. You will need near perfect credit, though but interest rates are also relatively low, making this a good option for when you’re just starting out on your own.
A startup line of credit can be interest free for 9-15 months and is a great way to get your business off the ground without being saddled with interest payments right away.
Minimum Criteria To Receive A Startup Loan
| Years in Business Required | 0+ |
| Credit Score | 700+ |
| Annual Gross Revenue | $0 |
| Profitability required? | No |
| Bankruptcy allowed? | Yes, you could qualify for a startup loan no less than 3 years after filing bankruptcy. |
| Credit Card volume a factor? | No. |
| Accounts Receivable a factor? | No |
Caribbean-Americans or Caribbean Canadians seeking start-up and expansion capital have many difference options available beginning with Start-Up Loans, Short-Term Loans, Medium-Term Loans, Equipment Loans, A Line Of Credit, Invoice Financing or a Merchant Cash Advance.
So don’t get stressed? Ask for more information on how you can access any of these finance options and start the New Year right.
