What is the best way to get money to start a new business (besides bank loans?)

Jump to Last Post 1-16 of 16 discussions (16 posts)
  1. Earl S. Wynn profile image83
    Earl S. Wynnposted 8 years ago

    What is the best way to get money to start a new business (besides bank loans?)

  2. dablufox profile image56
    dablufoxposted 8 years ago

    Ebay, if you have any stuff  that you don't need ebay is a great way to make some quick cash. Also you could ask your family members if they have some stuff they have in their shed their looking to offload and offer to put on ebay for them and take a small commission.

    Also you could flip some websites, you don't need any start up capital just some time to develop the sites themselves then sell them on Flippa.

  3. Rabid Puma profile image59
    Rabid Pumaposted 8 years ago

    If your idea and your business model are solid, find some investors.

  4. profile image60
    Paul Cheslerposted 8 years ago

    Your chance of getting a loan from the bank, especially now, is bad unless you have excellent credit.  Credit, of course, is not paying 30 days or more past the due date, keeping up monthly payments, and not blowing off your payments totally(defaulting).  I have heard that the SBA does loans, and there are things called micro-loans out there for people who are trying to start new businesses.  Have you tried networking?  Good luck!

  5. profile image55
    foreignpressposted 8 years ago

    Have somebody else, who already has established credit, get a line of credit in their name. Then sign a legal document that you will pay back the money to them (not the bank) over a period of time. They then pay the bank plus the interest rate and pocket a small profit. No handshake agreements here. This must be legal and binding. But the secondary borrower never deals with the bank. There are people who will do this (besides parents or friends), and oftentimes they charge a higher rate of interest than a bank because the borrower is high risk. And, yes, they should pocket a small profit from this for taking a chance on a risky borrower. In the meantime, you get the seed money you need. Beware of loan sharks.

  6. skgrao profile image67
    skgraoposted 8 years ago

    Visit India and stand near Govt Regional Transport Officer and see business on road earning Rs.3000 per day.
    Any other place will be even a post office.

  7. naijenni profile image59
    naijenniposted 8 years ago

    Why not create a simple business plan and have an informal lunch and put the proposal forward to your friends and family. They are the closest to you and if you have something which is worthwhile in investing..why not.

    Of course there will always be risks involved but believe me when I say you can lose $100,00o of your fathers money not the bank!!!!

  8. profile image55
    b.p.turnerposted 8 years ago

    In all honesty, you can go a few different routes here as some other have listed below. Initally, start with a business plan and make sure that it is solid. After getting that done, do your best to figure out your real costs to operate this business. Although you may be over or under, it is still a good idea to know where you are. After doing this, you can now start looking for the money to get up and running. One suggestion I have is to look the Small Business Administration through the government website. There you will find a lot of tips and tools regarding loans and how to get money.

  9. Sun Pen 50 profile image71
    Sun Pen 50posted 8 years ago

    I think the best money to start a business is your savings. That way you are sure to succeed. With other people's money you may not be careful and more chances for failure

  10. FrankSB profile image60
    FrankSBposted 8 years ago

    If you have a good business idea, maybe try and find some investors.

  11. rwelton profile image66
    rweltonposted 8 years ago

    ...assuming you are only considering safe and legal options (if not, that would be an interesting hub question with some wild answers)..like turning your internet hacking skills into a front page wiki-leaks media frenzy...etc.

    1.  Facebook/Twitter, etc. tweeting a compelling ask for investments....a dollar each from the 1 million "fans" of Whole Earth foods would be....hmmmmmm?

    2.  Having a hot product or service, with a proven market expanded....here are a few I have watched become successful:

    *a Flower roadside bucket stand turns into a floral shop

    *a craft fair booth selling handmade burritos turns into a restaurant & catering business

    *a mobile coffee cart turns into a chain of pastry/espresso shops

    * a pro-bono (free) service that creates buzz and demand and turns a profit if you are good.

    ...and many more (waiting for your blog on this when the answers fill up the page...)

    "I not only use all the brains that I have, but all that I can borrow." – Woodrow Wilson

  12. RapidJunction profile image56
    RapidJunctionposted 8 years ago

    sell on ebay
    get good friends involved
    go for venture capital
    get a distributed loan from ur parents n siblings at the same time
    make a facebook appliation if u r a programmer
    if u can manage try the baking course or hairstyling course and work part time
    think when u r alone-make notes-compare them-and never loose hope-its a real money


  13. brandonfowler66 profile image73
    brandonfowler66posted 8 years ago

    Investments, from friends, family and your local community.

  14. profile image49
    Nedelcu2010posted 8 years ago

    In reality, loans are a great way to be able to enjoy the major comforts of the day without having to save up enough to pay for all of it up front.


  15. jonywoker profile image58
    jonywokerposted 8 years ago

    Find best way to get money to start a new business? visit gallery finance & get best benifits with secured loans.
    Apply now for flexible secured loans and homeowner loans at Gallery Finance. they provide loans for debt consolidation,home improvement and much more..


  16. profile image49
    brainlara2011posted 7 years ago


    If you want to start a new business and looking for the finance then bank loan is the best way to getting it.For more detail on related secured loans you should visit - http://www.galleryfinance.co.uk/secured-loans/


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)