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Finance Companies

If the bank turned you down, consider a finance company.
1 min read
Opinions expressed by Entrepreneur contributors are their own.

Finance companies will take greater risks than banks, but they charge a higher interest rate. Generally, finance companies will be more interested in your collateral, your past track record, and the potential of your new business than in the strength of your credit.

Excerpted from Starting a Home-based Business

6 Years After 'Shark Tank,' This Lobster Roll Food Truck Clawed Its Way Into a Multi-Million Dollar Business