Tuesday, April 17, 2007

Own Your Own Business

If you have ever thought about opening and running your own business, one of the biggest problems you can run into is finding the money. There are tons of benefits to owning your own business, working for yourself, setting your own hours, managing a company and controlling your own life. But, the money can always be an issue. Well I hope this helps you just a little bit.

I found this website that focuses on small business loans, mostly for retailers and restaurants. They say they will work with you, even if you don't have top notch credit and that their rates are the most competitive in the industry. They also make this statement, "Since the working capital you will receive is a loan, the interest you pay is tax deductible, further lowering the net effective rate you are paying for your funds." From what I get out of it, you will effectively be paying less over the course of the loan, because what you do pay is tax deductible. They claim to be Cheaper, Simpler, more Flexible. They even offer equipment leasing to help you get your business up and running. It seems like a great opportunity for anyone wanting to start a small business.

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