Spank The Bank: THE Guide to Alternative Business Financing


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Making Major Purchases Requires Excellent Timing

Paperback , pages. Published January 24th by Outskirts Press first published January 11th More Details Other Editions 1.

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Read “Spank The Bank” to Choose the Right Financing for Your Business

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Spank The Bank by Karlene Sinclair-Robinson

Sort order. Bonnie rated it it was amazing Oct 19, Erika rated it it was amazing Nov 20, Starr rated it liked it May 25, Christina Gabriel rated it did not like it Feb 01, Shelly Good-cook rated it it was amazing Feb 10, Elvia Camarena marked it as to-read Dec 04, Stephanie Smith marked it as to-read Nov 06, Martin Barley marked it as to-read Oct 01, Jason Beisiegel marked it as to-read Dec 07, Sean Murray added it Dec 10, Alessia marked it as to-read Jan 19, Michelle marked it as to-read Oct 19, You should have built a good personal credit history, which you can rely on during the early days of your business.

Say, you own multiple credit card accounts, you can use them strategically to fund recurring expenses such as software-as-a-service and cyber-security subscriptions. The potential downside here is that this setup can mess up personal and business matters. In the long run, it can come down to how you manage expenses and repayments.

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If you are confident about your profit margins, you can opt to apply for a business credit card as long as the terms are favorable to you. Aside from banks, there are private firms and nonprofit groups that extend financial aid to underserved sectors such as small businesses.

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They support startup enterprises with no track records, which the banks look at primarily. They employ a different evaluation process and cater to small businesses of different natures and sizes. Some use social data to determine how much money to lend. It serves startups, restaurants, and smaller merchants, which many lenders consider as higher risks. Imagine a community of like-minded individuals such as startup founders.


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This method has been around for many years. P2P lending platforms offer debt financing without the need for a financial institution.


  1. 9 Methods for Alternative Business Financing.
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  4. Spank The Bank: THE Guide to Alternative Business Financing!
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  6. Its repayment periods last 36 or 60 months for small and medium enterprises. This approach is similar with P2P lending in the sense that it relies on like-minded people banding together for a common cause.

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    But the similarities can end there. In crowdfunding, founders usually put up their story on a dedicated platform such as Kickstarter. The story usually contains detailed information about the prototype, its purpose, and its potential to make money. The particulars vary per case.

    You can go this route if you believe that your product has some distinctive features and solves a particular social problem. Foreign exchange forex trading is one of the most common options.

    Spank The Bank: THE Guide to Alternative Business Financing Spank The Bank: THE Guide to Alternative Business Financing
    Spank The Bank: THE Guide to Alternative Business Financing Spank The Bank: THE Guide to Alternative Business Financing
    Spank The Bank: THE Guide to Alternative Business Financing Spank The Bank: THE Guide to Alternative Business Financing
    Spank The Bank: THE Guide to Alternative Business Financing Spank The Bank: THE Guide to Alternative Business Financing
    Spank The Bank: THE Guide to Alternative Business Financing Spank The Bank: THE Guide to Alternative Business Financing
    Spank The Bank: THE Guide to Alternative Business Financing Spank The Bank: THE Guide to Alternative Business Financing
    Spank The Bank: THE Guide to Alternative Business Financing Spank The Bank: THE Guide to Alternative Business Financing

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