Do you think it's best to start a company with Venture Capital or Business Loan?

Is it best to start a business with venture capital which can include mentors from experienced execs or secure a bank loan. What about those who can't get a bank loan?


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Answers:
Business loan.


Venture capital can cost upwards of 30% APR, AND a ownership position in your business.

For those who cant get a bank loan, go thru the SBA and do an SBA 7-a Low Doc loan
I suspect that if you can't get a bank loan it would be pretty difficult to attract a venture capital.

Mentors are really worth while and I would strongly recommend getting a mentor whatever you do. But a venture capitalist may actually want to control your board. And remember that venture capitalists make their money by selling their share at a profit. You will probably end up losing your business.

In the end it will depend on the size of business you intend starting and hat you want to do with it.

The Secured Loan information post by website user , LoanSecuredLoan.com not guarantee correctness.


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