Business Loans for Women - Alternatives to a business loan 1

Some people get turned down from business loans for a variety of reasons. Some include collateral and/or business experience, or credit score.

One alternative is to look at your own savings and investments. This can be scary however, it will make you work very hard to get your business to be profitable.

Another is an Angel Investor. Angel investors are very affluent individuals who will provide you with capital for a business start up. They will do this in exchange for some ownership equity. They look for a higher rate of return usually around 25% or more. Angel Investors (many retired business owners or retired executives in business) can also provide you with valuable management advice for you to learn and often have important contacts for whatever purpose you may need.