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

More from Entrepreneur

Jason's expertise and experience can help you with storytelling, motivation, and pitching your business to media.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Starting, buying, or growing your small business shouldn’t be hard. Guidant Financial works to make financing easy for current and aspiring small business owners by providing custom funding solutions, financing education, and more.

Latest on Entrepreneur