Where Credit's Due
Instant start-up kit, meet your mentor.
According to the sixth annual survey of small and mid-sized businesses conducted by Arthur Andersen's Enterprise Group and National Small Business United (NSBU), a small-business advocacy organization, credit is king . . . at least for many of today's business owners, who have turned to their charge cards to generate business capital.
In a time when the use of traditional financing, such as commercial bank loans and private loans, has declined, more business owners are seeking alternative financing methods, such as credit cards, leasing agreements and home equity loans.
Continue reading this article - and everything on Entrepreneur!
Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5.
Entrepreneur Editors' Picks
-
These Co-Founders Are Using 'Quiet Confidence' to Flip the Script on Cutthroat Startup Culture and Make Their Mark on a $46 Billion Industry
-
My 7-Year-Old Daughter Started Selling Eggs. Here's What She Taught Me About Running a Startup.
-
Why You Need to Become an Inclusive Leader (and How to Do It)
-
Career Transitions You Can Make in Your 40s and 50s
-
Billionaire Naveen Jain Is an Expert at Disrupting Fields He Has No Experience In. His Secret Sauce for Building Multi-Million Dollar Companies? 'You Have to Come as Naive.'
-
4 Principles to Develop Next-Level Leadership at Your Company
-
This Filipino American Founder Is Disrupting the Beverage Aisle by Introducing New Flavors to the Crowded Bubbly Water Market