In the early stages of opening a small studio salon, I’m going to need a small loan to help offset some costs. I’m estimating between 30-40k.
I have not yet even opened an LLC I’m waiting to finalize things with the landlord.
I have about 20k saved on my own and have a 730 credit score. I feel like I’m a qualified candidate but from my experience so far it’s been very challenging being this early in the process and not having the business up and running yet.
I’ve heard suggestions of Liberty Bank being an option to start with. Others have suggested getting a personal loan or 12-18 month interest free credit cards.
Anyone deal with a similar situation ? What resources did you use, I’m really hoping to avoid the credit cards or personal loan and get something with a lower interest rate .
Please be kind.