Nikolai`s Blog Site

When you are in a start up situation, there is the thinking that you can secure a business loan or some form of government grant.

But small business financing for start ups can be more than tough and mostly non existant as most start up financing is personal financing in nature.

Any business loans will require signifcant personal guarantees from either the business owners or other third parties that are prepared to provide their support for the business venture.  Typically the guarantee will only come from the business owner or owners, which will need to include strong personal net worth as well as other sources of cash flow outside of the proposed business operations.